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Demire to buy 8.34% of 2 7/8% notes in change-of-control tender offer
By Susanna Moon
Chicago, June 14 – Demire Deutsche Mittelstand Real Estate AG said investors had tendered €33,375,000, or 8.34%, of its €400 million of 2 7/8% senior notes due 2022.
As announced May 16, the company was offering €1,010 per €1,000 principal amount plus accrued interest in the change-of-control tender offer.
The tender ended at 5 a.m. ET on June 14, and settlement was planned for the same day.
Demire accepted for purchase all of the tendered notes, according to a company update on Thursday.
Lucid Issuer Services Ltd. (demire@lucid-is.com or +44 20 7704 0880) is tender agent.
Demire is a Langen, Germany-based commercial real estate company.
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