NOVAL PROPERTY REIC
Activity | The Issuer's activities are the acquisition, management of real property and investments in accordance with article 22 of Greek Law 2778/1999 "On Real Estate Mutual Funds - Real Estate Investment Companies and other provisions, any activity related to the operation of the Company", under the restrictions of Law no. 2778/1999, as an Alternative Investment Fund Manager (AIFM) with internal management, within the Scope of Greek Law 4209/2013 "Adaptation of Greek Legislation to Directive 2011/61/EU on Alternative Investment Fund Managers". |
Foundation Year | 2019 |
Address | Olympioniki Tsiklitira 41 P.C. 15125, Marousi |
Phone number | +30 2168608081 |
Telefax | +30 2168608088 |
Site URL | https://noval-property.com/ |
info@noval-property.com | |
Board of Directors | FIKIORIS MELETIOS (CHAIRMAN/INDEPENDENT NON EXECUTIVE MEMBER) |
Group staff | 19 |
Security for admition to trading | BOND |
Market | REGULATED MARKET |
Market segment | BONDS CATEGORY / MAIN MARKET |
ISIN | GRC824121CD0 |
Symbol | NOVALB1 |
Listing Prospectus
Listing Advisor
Advisor | NATIONAL BANK OF GREECE S.A. |
Underwriters
Bookrunners - Main Underwriters | NATIONAL BANK OF GREECE S.A., PIRAEUS BANK S.A. |
Main Underwriters | ALPHA BANK S.A., EUROBANK S.A., OPTIMA BANK S.A. |
Underwriters | AXIA VENTURES GROUP LTD, EUROXX SECURITIES S.A. |
Basic Bonds Data
Type of bond loan | Common Bond Loan unsecured |
Duration | 7 years |
Number of Bonds | up to 120,000 |
Nominal value | €1,000 per bond |
Price issue | At par value (€1,000/bond) |
Interest Rate | 2.65% |
Issuer Call Option (for the partial or total amount of the Bond) | After the expiry of the 3rd year after the Issue Date and on each Interest Payment Date up to six (6) months before Final Maturity Date, the Issuer has the right to purchase back any Bond or part thereof at the below prices:
Any prepayment shall be at least of an amount of €20m., while the amount of Bonds remaining following each partial prepayment shall not be less than €50m. |
Put Option | - |
Credit Rating | The Company has not requested the assessment of the creditworthiness of the Issuer or the Bonds. |
Data of Initial Public Offer (I.P.O.) through EBB
Starting Date | 30.11.2021(Time 10:00 a.m.) |
Clossing Date | 02.12.2021 (Time 16:00 p.m.) |
I.P.O. Duration (days) | 3 |
Trading unit | 1 bond |
Bond coverage threshold | Bond coverage at least € 100,000,000 |
Minimum subscription limit per investor | 1 bonds |
EBB Members for the public offering of NOVAL PROPERTY REIC
- A. SARRIS SECURITIES S.A. |
- AEONIC SECURITIES C.I.F. P.L.C. |
- ALPHA FINANCE INVESTMENT SERVICES SINGLE MEMBER SA |
- AXON SECURITIES S.A. |
- BETA SECURITIES S.A. |
- DYNAMIC SECURITIES S.A. |
- EUROBANK EQUITIES INVESTMENT FIRM S.A |
- EUROCORP INVESTMENT SERVICES S.A. |
- EUROTRUST INVESTMENT FIRM SA |
- EUROXX SECURITIES S.A. |
- HELLENIC AMERICAN SECURITIES S.A. |
- J. CHR. MAVRIKIS SECURITIES S.A. |
- LEON DEPOLAS SECURITIES S.A. |
- MERIT SECURITIES S.A |
- N. CHRYSSOCHOIDIS SECURITIES S.A. |
- NATIONAL SECURITIES SINGLE MEMBER SA |
- OPTIMA BANK S.A. |
- PANTELAKIS SECURITIES S.A. |
- PIRAEUS SECURITIES S. A. |
- SOLIDUS SECURITIES S.A |