EPH Group AG
EPH Group AG:
Bond 2025-2032
10 % interest p.a.
monthly interest payment
ISIN: DE000A3L7AM8
WKN: A3L7AM
EPH Group AG:
Bond 2023-2030
10% interest p.a.
monthly interest payment
ISIN: DE000A3LJCB4
WKN: A3LJCB
EPH Group AG is currently building a diversified portfolio of high-yield hotels and resorts in the premium and luxury segment in Austria, Germany and other top European destinations.
New bond EPH Group AG
In February 2025, EPH Group AG issued its second fixed-rate tourism corporate bond (WKN: A3L7AM / ISIN: DE000A3L7AM8) with a volume of up to EUR 50 million, a term of seven years, an interest rate of 10% p.a. and a denomination of EUR 1,000. Interest will again be paid to investors on a monthly basis. The bond is listed on the Frankfurt, Stuttgart and Vienna stock exchanges, among others.
In contrast to the unsecured bonds 2023/2030 issued in July 2023 (ISIN: DE000A3LJCB4), the new bond is secured by the pledging of shares in subsidiaries and associated companies of the issuer. This significantly improves the risk profile of the new bond.
Market environment
The vacation hotel industry is characterized by decades of sustainable growth and crisis resilience. The asset class has proven its resilience, particularly during the coronavirus pandemic. Economic development in tourism is growing strongly worldwide. There is a particular trend towards nearby nature and year-round destinations. The season is lengthening and shifting. Climate protection and sustainability are playing an increasingly important role.
The performance of the vacation hotel industry has overtaken the hotel business in the city in recent years. Compared to city hotels, significantly higher revenue per room and guest has been achieved. New record occupancy rates were achieved. Daily room rates (ADR) increased significantly. The premium and luxury segment is developing at an above-average rate, as demand for luxury vacations has risen enormously among a constantly growing middle class worldwide.
Nevertheless, the vacation hotel market is far from exhausted and offers enormous growth potential. The focus of institutional investors is also increasingly shifting from city business hotels to the vacation hotel industry and vacation destinations in Europe.
Strategy
Due to this positive development, EPH Group AG is clearly focusing on the holiday hotel sector and cities with high tourist appeal. The aim is to achieve above-average returns from its own developments.
Thanks to EPH Group AG's access to numerous international hotel brands, the best possible operator with a tailor-made operating concept can be selected for each project. The type of contract (lease, management, or hybrid contract) is determined individually for each property after a thorough opportunity-risk analysis.
In the medium term, the portfolio is to be expanded to include investments in related areas such as gastronomy, culinary arts, food & beverage, and other tourism projects. The aim is to leverage synergies with the core business and continuously increase the value of the company. In the current environment, a sustainable and responsible corporate culture is particularly important to us. That is why our ESG principles guide our business activities.
Focus on capital market:
bonds / stock market listing
To partially finance the projects, EPH Group AG issued two bonds on the Vienna Stock Exchange in July 2023 and February 2025. With its IPO on November 19, 2025, EPH Group AG shares are now also listed on the Stuttgart Stock Exchange. EPH Group AG is thus offering institutional and private investors the opportunity to invest in this constantly growing market segment.
EPH Group AG's capital market-oriented financing strategy is intended to contribute to a balanced financing structure and enable the financing of planned projects on economic terms, even in the current market environment.
EPH Group AG was supported in the issuance of the two bonds by Wiener Privatbank as the capital market partner of the Vienna Stock Exchange; the banking aspects were handled by Frankfurter BankM AG. As part of the IPO, EPH Group AG was supported by NuWays AG as listing partner and BankM as applicant. The company received legal advice from the Vienna-based commercial law firm Müller Partner Rechtsanwälte. Wiener Privatbank is acting as paying agent for the IPO.
Background
EPH Group AG consists of a group of investors, project developers, hotel real estate, financing, and capital market experts. Thanks to the EPH team's many years of experience, it has excellent market access and a full acquisition pipeline.
EPH Group AG works with leading hotel and tourism consulting partners in Austria and Germany in the areas of feasibility studies, due diligence, valuation, contract management, M&A, portfolio strategy, development, and construction. This allows the company to draw on comprehensive expertise and develop the best possible strategy for each project.
