AVES ONE AG O.N.
AVES ONE AG O.N.
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AVES
ISIN: DE000A168114

DGAP-News: Aves One AG: Optimisation of the Aves financing structure secures a reduction of annual interest payments of more than EUR 1.0 million

  • 39

DGAP-News: Aves One AG / Key word(s): Financing
Aves One AG: Optimisation of the Aves financing structure secures a reduction of annual interest payments of more than EUR 1.0 million

04.09.2018 / 08:48
The issuer is solely responsible for the content of this announcement.


Aves One AG: Optimisation of the Aves financing structure secures a reduction of annual interest payments of more than EUR 1.0 million

Hamburg, 4 September 2018 - Aves One AG (Aves), a logistics assets investor with strong growth prospects, has further optimised its financing structures. The company has succeeded in refinancing loan contracts for EUR 155 million with much improved conditions ahead of the end of their terms; the loans are used for partially financing the existing rail portfolio. The significantly reduced interest rates result in a reduction of the annual interest payments of more than EUR 1.0 million with immediate effect (not taking into account the initial one-off payment) and hence in improved future group results.

Jürgen Bauer, Management Board of Aves One AG:
"In the past, we have stated that we will significantly improve results by expanding our existing assets and by optimising our financing structure. We are implementing these objectives with this refinancing arrangement and with the recent acquisition of the NACCO portfolio. Our intention is to systematically continue with this approach also in the future."
 

About Aves One AG:
Aves One AG, a company with strong growth prospects, invests in long-lifetime logistics assets with a focus on railway goods wagons. The company's portfolio also includes standard shipping containers, swap trailers for road transport and logistics properties. Aves One AG's end customers include state-owned railway companies, industrial and logistics companies. The company is headquartered in Hamburg and listed in the regulated market (Prime Standard) of the Frankfurt stock exchange (ISIN: DE000A168114; WKN: A16811).

Further information: www.avesone.com
 

Contact
Aves One AG
Jürgen Bauer, Management Board
Tel. +49 (40) 696 528 350
Fax +49 (40) 696 528 359
E-mail [email protected]



04.09.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Aves One AG
Große Elbstrasse 61
22767 Hamburg
Germany
Phone: 040 696528 350
Fax: 040 696528 359
E-mail: [email protected]
Internet: www.avesone.com
ISIN: DE000A168114
WKN: A16811
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart; London

 
End of News DGAP News Service

720277  04.09.2018 

fncls.ssp?fn=show_t_gif&application_id=720277&application_name=news&site_id=centralchart
EQS Group
EQS Group

EQS Group is a leading international technology provider for Digital Investor Relations, Corporate Communications and Compliance. More than 8,000 companies worldwide trust EQS’s products and services to securely, efficiently, and simultaneously fulfil complex national and international disclosure and compliance requirements, and to reach stakeholders globally.