EPH Group AG: New tourism bond launches on the stock exchange
February 24, 2025
10 % interest p.a. - monthly interest payment - term 7 years
Investment in the market for hotels and resorts in the premium and luxury segment
Vienna, February 24, 2025 - As of today, the second tourism bond of EPH Group AG (WKN: A3L7AM, ISIN: DE000A3L7AM8) will be traded on the OTC markets of the Frankfurt and Stuttgart stock exchanges, in the “corporates prime” segment of the Vienna Stock Exchange and on numerous other stock exchanges. The bond offers an interest rate of 10% p.a. with monthly interest payments. The first interest payment will be made on March 24, 2025 and the bond has a term of 7 years. The placement will run until mid-January 2026, corresponding to the one-year validity period of the approved securities prospectus.
Alexander Lühr, CEO of EPH Group AG: “We are very satisfied with the initial placement success of our second corporate bond. Our investor-friendly collateralization concept to minimize risk, in which all shares in the real estate project companies are pledged in favor of the bondholders, was very well received by investors. The funds from the current bond issue will primarily be invested in the most advanced projects: Firstly, in the construction of a 300-bed luxury hotel on an approximately 34,000 square meter, fantastically located plot of land in the Kitzbühel Alps, which has already been acquired. On the other hand, a golf and leisure resort with 200 beds is being realized together with Pure Place Hospitality GmbH on a site of around 30,000 square meters south of Vienna. The realization of two promising projects in our pipeline is also planned: A resort on a beautiful lake in Carinthia with year-round operation and another luxury hotel in Tyrol, directly on the slopes in the Kitzbühel ski resort.”
EPH Group AG is planning an initial public offering (IPO) in the “direct market plus” segment of the Vienna Stock Exchange in 2026 at the latest. The first bond 2023/2030 issued by EPH Group AG in 2023 (WKN: A3LJCB, ISIN: DE000A3LJCB4) will remain listed on the Frankfurt and Vienna stock exchanges.