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DKR:  15,600   0 (0.00%)  14/03/2025 19:14

DEUTSCHE KONSUM REIT-AG - Deutsche Konsum REIT concludes bridge financing agreement. Changes in the supervisory board.

Release Date: 14/03/2025 07:05
Code(s): DKR     PDF:  
Wrap Text
Deutsche Konsum REIT concludes bridge financing agreement. Changes in the supervisory board.

DEUTSCHE KONSUM REIT-AG
(Incorporated in the Federal Republic of Germany)
(Registration number: HRB 13072)
FSE Share Code: A14KRD
JSE Share Code: DKR
ISIN: DE000A14KRD3
LEI: 529900QXC6TDASMCSU89


DEUTSCHE KONSUM REIT CONCLUDES                         BRIDGE      FINANCING       AGREEMENT.
CHANGES IN THE SUPERVISORY BOARD.


Potsdam, Germany, 13 March 2024 – Deutsche Konsum REIT-AG (the "Company") (ISIN:
DE000A14KRD3 | WKN: A14KRD | ticker symbol: DKG) has today, with the approval of the
Supervisory Board, concluded an agreement on a 5.5% interest p.a. collateralized bridge
financing. Together with certain creditors' commitments, the Company has thus established the
necessary conditions for the preparation of an already commissioned restructuring concept by 30
May 2025. The disbursement of the bridge financing is subject to certain customary conditions
precedent. Based on the restructuring concept, arrangements shall be made with the relevant
creditors, particularly for the repayment of financial liabilities maturing this year.

Simultaneously, it is intended that the independent real estate expert and attorney-at-law Daniel
Löhken, who is to be elected by the annual general meeting on 1 April 2025, will seek to become
chairman of the Company's supervisory board following his election to the supervisory board. In
this context, Rolf Elgeti and Antje Lubitz have announced that they will not be available for re-
election as members of the supervisory board.

Contact:
Deutsche Konsum REIT-AG
The Management Board
Marlene-Dietrich-Allee 12b
14482 Potsdam
Germany
Phone: +49 (0) 331 74 00 76 - 517
E-mail: kt@deutsche-konsum.de

Contact:
Deutsche Konsum REIT-AG
Mr. Kyrill Turchaninov
CFO
Marlene-Dietrich-Allee 12b
14482 Potsdam
Tel. 0331 / 74 00 76 - 517
Fax: 0331 / 74 00 76 - 599
E-Mail: kt@deutsche-konsum.de

DKR has a primary listing on the Prime Standard on the Frankfurt Stock Exchange and a
secondary listing on the JSE.

Potsdam, 13 March 2025
JSE Sponsor
PSG Capital

Date: 14-03-2025 07:05:00
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