EQS-Adhoc: VIB Vermögen AG increases forecast due to significant interest income from conclusion of a loan agreement with DIC Asset AG

EQS-Ad-hoc: VIB Vermögen AG / Key word(s): Forecast
VIB Vermögen AG increases forecast due to significant interest income from conclusion of a loan agreement with DIC Asset AG

07-Jul-2023 / 19:29 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of inside information pursuant to Art 17 of Regulation (EU) No 596/2014
 

VIB Vermögen AG increases forecast due to significant interest income from conclusion of a loan agreement with DIC Asset AG

 

VIB Vermögen AG, Tilly-Park 1, 86633 Neuburg/Donau, 07 July 2023

VIB Vermögen AG (ISIN: DE000A2YPDD0) will realise significant interest income as a result of the conclusion of a loan agreement with DIC Asset AG. As a result, the Managing Board now expects the key forecast figure for funds from operations (FFO) before taxes and minority interests* to be in a range between EUR 68 and 74 million (previously: EUR 58-64 million).

Following a resolution by the Managing and Supervisory Boards, VIB Vermögen AG today concluded a loan agreement to grant a loan of EUR 200 million with an interest rate at market conditions and a term of up to 2 years to the parent company DIC Asset AG. The loan is secured by a collateral package in favour of the company, as is customary in the market.

 

The Managing Board of VIB Vermögen AG

 

* Explanatory note: funds from operations in property management before amortisations, taxes, gains on sales and development projects, as well as from other one-off or non-cash earnings components.

 

 

Contact

VIB Vermögen AG

Investor Relations:

Tilly Park 1

86633 Neuburg/Danube

Tel.: + 49 (0)8431 9077-961

Fax: + 49 (0)8431 9077-1961

E-mail: anja.landes-schell@vib-ag.de

 

 



End of Inside Information

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Language: English
Company: VIB Vermögen AG
Tilly-Park 1
86633 Neuburg/Donau
Germany
Phone: +49 (0)8431 / 9077 961
Fax: +49 (0)8431 / 9077 1961
E-mail: anja.landes-schell@vib-ag.de
Internet: www.vib-ag.de
ISIN: DE000A2YPDD0
WKN: A2YPDD
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1675593

 
End of Announcement EQS News Service

1675593  07-Jul-2023 CET/CEST

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