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Deutsche Wohnen AG: Early refinancing of Deutsche Wohnen Group completed

DGAP-Ad-hoc: Deutsche Wohnen AG: Early refinancing of Deutsche Wohnen Group completed

Deutsche Wohnen AG / Key word(s): Contract
24.11.2010 13:12

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

Frankfurt/Main, 24 November 2010: Today, GEHAG GmbH, a member of Deutsche Wohnen Group, has signed additional loan agreements of EUR 200m in total with three German mid-tier banks. As a result, the remaining amount of the loan of Deutsche Wohnen Group origi-nally due in 2012 has been successfully refinanced prior to its stated maturity. Included therein are additional loan funds of approximately EUR 100m, which are available for invest-ments. The terms of the loans are between eight and ten years. Deutsche Wohnen Group is, as a consequence of these new loans and the loan agreement entered into with BayernLB at the end of September this year, almost entirely refinanced until 2014.

+49 (0)30 / 897 86 - 545

24.11.2010 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      Deutsche Wohnen AG
              Pfaffenwiese 300
              65929 Frankfurt
Phone:        +49 (0)30 89786-0
Fax:          +49 (0)30 89786-507
ISIN:         DE000A0HN5C6, DE0006283302
WKN:          A0HN5C, 628330
Indices:      SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Hamburg, München, Düsseldorf, Berlin, Stuttgart  
End of Announcement DGAP News-Service