10.10.2023 TAG Immobilien AG  DE0008303504

EQS-News: TAG Immobilien AG repays bridge financing from the acquisition of ROBYG S.A. in full


 

EQS-News: TAG Immobilien AG / Key word(s): Financing/Miscellaneous
TAG Immobilien AG repays bridge financing from the acquisition of ROBYG S.A. in full

10.10.2023 / 18:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

TAG Immobilien AG repays bridge financing from the acquisition of ROBYG S.A. in full

Hamburg, 10 October 2023

The bridge financing taken out to finance the acquisition of ROBYG S.A. was repaid by TAG Immobilien AG ahead of maturity in October 2023. The financing was granted by four investment banks in March 2022 and was utilised in the amount of EUR 650m at its peak. The contractual term would have ended in January 2024 at the latest.

At the end of the second quarter of 2023, an amount of EUR 175m was still outstanding. After the balance sheet date, further repayments followed. In October 2023, the final partial amount of EUR 75m was repaid after the closing of disposals of apartments in Germany with net cash proceeds of c. EUR 60m, which have already been communicated with the half-year figures, has taken place.

Martin Thiel, CFO of TAG Immobilien AG: “With the full repayment of the bridge financing we have completed the most important step in our refinancing activities. In addition to the rights issue last year, which led to gross proceeds of EUR 202m, we also successfully carried out the disposal programme announced at the same time for apartments in Germany with net cash proceeds totalling EUR 250m. Both measures were an essential component for the repayment of the bridge financing. Furthermore, our German and our Polish property portfolios continually generate significant liquidity surpluses. This means we remain financially well positioned and independent on refinancing from the capital market.”


Contact

TAG Immobilien AG

Dominique Mann

Head of Investor & Public Relations

Phone +49 (0) 40 380 32 305

Fax +49 (0) 40 380 32 390

[email protected]

 



10.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: TAG Immobilien AG
Steckelhörn 5
20457 Hamburg
Germany
Phone: 040 380 32 0
Fax: 040 380 32 388
E-mail: [email protected]
Internet: http://www.tag-ag.com
ISIN: DE0008303504
WKN: 830350
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1745591

 
End of News EQS News Service

1745591  10.10.2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 399,28 400,36 405,51 426,39 436,90 453,87 462,29
EBITDA1,2 198,30 206,40 214,70 222,30 226,10 233,50 236,40
EBITDA-Marge3 49,66 51,55 52,95 52,14 51,75 51,45
EBIT1,4 478,90 638,24 626,92 583,25 761,36 0,00 423,48
EBIT-Marge5 119,94 159,42 154,60 136,79 174,26 0,00 91,61
Jahresüberschuss1 313,67 488,21 456,37 402,62 585,60 117,28 -410,94
Netto-Marge6 78,56 121,94 112,54 94,43 134,04 25,84 -88,89
Cashflow1,7 124,47 159,62 154,41 253,99 164,03 133,56 291,94
Ergebnis je Aktie8 2,08 3,13 2,90 2,47 3,17 0,63 -2,26
Dividende8 0,66 0,75 0,82 0,88 0,93 0,00 0,57
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Deloitte

INVESTOR-INFORMATIONEN
©boersengefluester.de
TAG Immobilien
WKN Kurs in € Einschätzung Börsenwert in Mio. €
830350 14,740 2.586,71
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
24,57 11,01 2,24 9,72
KBV KCV KUV EV/EBITDA
0,90 8,86 5,60 24,26
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 28.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
14.05.2024 13.08.2024 13.11.2024 12.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
18,91% 26,30% 11,71% 91,38%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu TAG Immobilien AG  ISIN: DE0008303504 können Sie bei EQS abrufen


Immobilien (Wohn) , 830350 , TEG , XETR:TEG