Impact Investing Bond Logistics in EUR
PICTURE NECRON
| Maturity in years | 1.5 |
| Fix coupon | 6.5% |
| Subscription period | until November 11, 2022 |
Business Case
The planned and already fully leased logistics center proves itself through sustainable construction and optimal connections to the seaports and the Amsterdam area.
The building impresses with its modern architecture and sustainable construction and has been awarded BREEAM Standard "excellent".
The A6 freeway is only 2 km away from the logistics center and provides an optimal connection to the multimodal inland port of Flevokust, only 15 km away, with the best connections to the most important seaports in the Benelux, the greater Amsterdam area and the Ruhr region.
Investment Opportunity
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The bond is intended for qualified private & institutional investors and can be subscribed/purchased at any bank by quoting the ISIN (CHF: CH1167574651 / EUR: CH116757466).
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The bond generally belongs to the asset class of "bonds/bonds" and, in the case of Swiss pension funds, to "alternative investments
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The bond is listed on the Vienna Stock Exchange and can be traded daily
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Interest is paid quarterly
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The constructed rental area is 35'328 m2 and is already fully leased for more than 20 years. The rental income amounts to EUR 3.77 million per year. Negotiations with potential buyers of the property are already underway
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The logistics center "ANNONA 1" will be developed sustainably and certified as "excellent" on the basis of the sustainability label "BREEAM" (see page 3 in the factsheet).
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Necron has already financed buildings in the Netherlands and Switzerland for more than EUR 580 million with well-secured bonds in the last three years. The previous and current properties/projects can be viewed on site at any time under expert guidance. Further details can also be found at www.necron.com.
Investment Benefits
- Sustainable project with BREEAM "excellent" rating
in an outstanding location - Investment in a low-risk real estate project
- High guarantees and collateral in favour of
noteholders - Signed long-term tenancy agreement
- High share of own funds of 42
- Regular interest income
- Fixed return
- Short repayment term
Product data
| Product | Impact Investing Bond Logistics in EUR |
| Maturity in years | 1.5 |
| Fix coupon | 6.5% |
| Subscription period | until November 11, 2022 |
| ISIN | CH1167574669 |
| Valor | 116757466 |
| Bloomberg | ABSCRT 6 1/2 05/14/24 Corp |
| Legal structure | Bearer bond secured by real estate lien (Senior Secured Bond) |
| Security | Secured by existing building including rental income, building land as well as pledge of purchase price claim in the event of an early sale |
| Issue Size | CHF 30 m |
| Issue date | November 14, 2022 |
| Issue Price | CHF 2'000 |
| Final maturity | 14. Mai 2024 |
| Early Redemption Option | after 14 month |
| Denomination | Necron Group AG, Bahnhofstrasse 16, 6300 Zug, T. +41 41 561 38 22 |
| Coupon Date | quarterly |
| Offering for | qualified investors |
| Paying Agent | ISP Securities AG, Zürich |
| Subscription OTC | ISP Securities AG, +41 43 499 14 14, trading@ispsecurities.ch |
| Secondary market | Daily price indications will be available on Bloomberg [ISIN CH1167574651], Secondary Market under normal market conditions, on a best effort basis with 1.00% bid-offer |
| Settlement | ISP Securities AG, +41 43 499 14 14, trading@ispsecurities.ch |
| Exchange | Vienna Stock Exchange |
| Governing Law | Zurich 1, Swiss law |
| ESG Rating | Sustainable project with BREEAM |
Your contacts
Daniel Gerber
Head of Market Switzerland & Chief Sustainability Officer
This content has been prepared by Picard Angst AG and is only a summary of the main features of the product and not a complete presentation and has been prepared solely for information purposes for use by the recipient for the duration of the subscription period. The information provided is valid only for this period. The information in this page does not constitute financial research and does not meet all legal requirements to ensure the impartiality of financial research and is not subject to any prohibition on trading prior to the publication of financial research. This page does not constitute an offer or invitation to buy or sell financial instruments. It is intended for informational purposes only. Given that an investment product can be a complex financial product, the decision to invest should therefore always be based on a consultation with a bank advisor. The information provided on this page on opportunities and risks is no substitute for the information provided by your investment advisor, which is always indispensable before concluding a transaction. Only those who are clear about the opportunities and risks of the transaction to be concluded and who are economically able to bear the losses that may occur should enter into such transactions.