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Peach Property Group Completes Eurobond Repayment and Strengthens Financial Position

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Peach Property Group Completes Eurobond Repayment and Strengthens Financial Position

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Peach Property Group AG ( (CH:PEAN) ) has shared an update.

Peach Property Group AG has successfully completed the repayment of a EUR 100 million Eurobond with funds from a new EUR 400 million financing agreement with Castlelake. This move significantly extends the company’s maturity profile and shifts its financing structure predominantly to mortgage-backed loans. The company aims to strengthen its strategic portfolio, sell non-strategic assets, and enhance sustainable value for investors.

The most recent analyst rating on (CH:PEAN) stock is a Buy with a CHF8.40 price target. To see the full list of analyst forecasts on Peach Property Group AG stock, see the CH:PEAN Stock Forecast page.

More about Peach Property Group AG

Peach Property Group AG is a real estate investor specializing in residential rental properties in Germany, with a focus on high-yield properties in Tier II cities near major metropolitan areas. The company is known for its innovative solutions, strong partnerships, and a comprehensive value chain that includes site evaluation, acquisition, asset management, and property sales. Additionally, Peach Property Group develops properties in Switzerland for sale as condominiums.

Average Trading Volume: 39,902

Current Market Cap: CHF342.1M

See more insights into PEAN stock on TipRanks’ Stock Analysis page.

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