Bond facts

Peach Property Group AG’s perpetual hybrid bond 5% for CHF 50 million.

Issuer Peach Property Group AG, Seestrasse 346, 8038 Zurich / ZH, Switzerland (the “Issuer”)
Issue amount CHF 50’000’000
Interest rate 5.00% p.a. from issue date through to 15 December 2018 (incl.)
3-month LIBOR +9.25% p.a. from 15 December 2018
For further details see Item 3 of the Bond Conditions.
Interest payment No general payment commitment, with the exception of the following events: Dividend disbursement; share buy-back; payments in favour of other subordinated securities; repayment of the hybrid bond; bankruptcy.
Unpaid interest is carried forward (no compound interest).
For further details see Item 3.4 of the Bond Conditions
Term Unlimited (perpetual), can be terminated for the first time by the issuer as of 15 December 2018.
Repayment 100% The bonds do not have a fixed term, and the bond holders do not have the right to cancel the bonds and make these due for repayment. No right to premature repayment in the event of payments being in arrears with the exception of bankruptcy, insolvency or violation of the provisions of the bond conditions.
Termination by the issuer possible at 100% for the first time as of 15 December 2018, then on each subsequent coupon date.
Denomination CHF 1,000 nominal value and multiples thereof.
Securitisation The bonds are securitised in the form of a global certificate (perpetual). The bond-holder is not granted any right to the printing of individual certificates.
Guarantee None; this bond is a direct, unconditional and subordinated obligation of the Issuer.
Listing/trading The bond is listed on SIX Swiss Exchange.
Bond number/ISIN 30571164 / CH0305711647
Paying agent Bank J. Safra Sarasin AG

Documents

Prospectus and bond conditions

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