Peach Property Group Secures EUR 120 Million Credit Facility for Refinancing

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

Peach Property Group AG has secured a EUR 120 million credit facility from a major German bank to refinance existing liabilities and strengthen its capital structure. This move is part of the company’s strategy to transform its balance sheet by 2025, with EUR 30 million allocated for early repayment of secured financing and the remainder for refinancing a bond maturing in November 2025. The agreement reflects regained confidence in the capital markets and positions the company for successful completion of its refinancing goals.

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 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 commitment to digitalization and sustainability. Additionally, it develops select properties in Switzerland for sale as condominiums.

Average Trading Volume: 31,144

Current Market Cap: CHF304.7M

Learn more about PEAN stock on TipRanks’ Stock Analysis page.