SF Sustainable Property Fund: Capital increase in December 2021 by a maximum of CHF 96.4 million
Between 29 November and 10 December 2021 (12:00 CET), Swiss Finance & Property Funds Ltd is carrying out a capital increase with a maximum volume of CHF 96.4 million for SF Sustainable Property Fund. Ten (10) existing units entitle the holder to purchase one (1) new unit for a net issue price of CHF 126.00 each
- Issue volume: maximum of 765 135 units
- Subscription period: 29 November 2021 to 10 December 2021, 12:00 CET
- Payment: 17 December 2021
The issue is being carried out on a commission ("best effort") basis as part of a public subscription offer in Switzerland. Subscription rights can be traded on the SIX Swiss Exchange from 29 November to 8 December 2021. The number of new units issued is limited to 765 135. Units that are not subscribed may not be issued, which will reduce the issue volume accordingly. The exact number of new units to be issued will be set once the subscription deadline has passed, based on the number of subscriptions received. The fund's management will notify investors of the definitive number of new units to be issued on 14 December 2021. Payment under subscription for the new units to be issued will be made on 17 December 2021.
The proceeds from the issue will be used to further expand the real estate portfolio, exploit the potential offered by investment properties and repay interest-bearing debt.