Grand City raises €600m under EMTN programme

German real estate company Grand City Properties has raised €600 million under its €1.5 billion Euro Medium Term Note (EMTN) programme to refinance or repay its existing debt. The notes, with a maturity of nine years and a coupon of 1.375 percent, had a subscription price of 96.82 percent. The issue was three times oversubscribed, […]