January 2021
With a target volume of 30 million euros, PANDION is issuing a corporate bond for the first time. The securities prospectus required for the issue was approved by the Commission de Surveillance du Secteur Financier (CSSF) and notified to the German Federal Financial Supervisory Authority (BaFin). IKB Deutsche Industriebank AG is acting as Sole Lead Manager.
With a minimum investment of EUR 1,000, the bond is aimed equally at private and institutional investors. The proceeds of the issue will be used mainly to further finance property purchases and project developments as well as for general corporate purposes, such as optimizing the financing structure.
Further information can be found in the current press release.