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Peach Property Group AG ( (CH:PEAN) ) has provided an announcement.
Peach Property Group AG has executed an early partial repayment of approximately EUR 73 million of its Eurobond due November 2025, as part of its balance sheet transformation strategy. This move aligns with the company’s plan to retire the Eurobond, funded by a EUR 120 million credit facility, with full redemption expected through a EUR 410 million credit facility arranged in August.
The most recent analyst rating on (CH:PEAN) stock is a Buy with a CHF7.95 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. The company is known for its expertise, innovative solutions, and focus on digitalization and sustainability. Its portfolio includes high-yield properties in German Tier II cities and selected developments in Switzerland.
Average Trading Volume: 123,537
Current Market Cap: CHF334.9M
For detailed information about PEAN stock, go to TipRanks’ Stock Analysis page.