VONOVIA SE MTN 24/36VONOVIA SE MTN 24/36VONOVIA SE MTN 24/36

VONOVIA SE MTN 24/36

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Key terms


Outstanding amount
‪400.00 M‬GBP
Face value
100,000.00GBP
Minimum denomination
100,000.00GBP
Coupon
5.50% (Fixed)
Coupon frequency
Annual
Yield to maturity
6.11%
Maturity date
Jan 18, 2036
Term to maturity
11 years

About VONOVIA SE MTN 24/36


Sector
Finance
Industry
Real Estate Development
Home page
Issue date
Jan 18, 2024
ISIN
XS2749469115
FIGI
BBG01KXZ5KC7
Vonovia SE. is a holding company, which engages in the management of residential units. It operates through the following segments: Rental, Value-Add, Recurring Sales, Development, and Other. The Rental segment combines all of the businesses that are aimed at the value-enhancing management of the company's own residential units. The Value-Add segment bundles all of the housing-related services including the maintenance and modernization work on its properties. The Recurring Sales segment includes regular and sustainable disposals of individual condominiums and single-family houses from the company's portfolio. The Development segment consists of project development of new residential buildings. The Other segment comprises disposal of entire buildings or land that are likely to have below-average development potential. The company was founded on June 17, 1998 and is headquartered in Bochum, Germany.
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