EnterNext welcomes Ghelamco Group to Alternext Brussels


Ghelamco Group’s Belgian subsidiary IRC lists corporate bonds

Brussels – 31 January 2014– EnterNext announces the listing of corporate bonds through private placement by International Real Estate Construction NV (IRC), the Belgian subsidiary of Ghelamco Group.

Ghelamco has been investing in the Belgian real estate market since 2005. Its steadily growing portfolio includes currently a mix of residential, commercial, office and other real estate projects in ideally situated locations throughout the regions of Brussels, Leuven, Ghent, Knokke and Kortrijk. Projects such as L-Park in Leuven and the Arteveldehogeschool Park with the Ghelamco Arena, the new home of first division football club AA Ghent are some of its prestigious projects.

As of today, the bonds are listed through a private placement reaching maturity on 28 February 2018 with a total issued amount of € 40,060,000. The interest rate stands at 6.25%.

We are pleased to welcome the Ghelamco Group bond to Euronext Brussels”, said Vincent Van Dessel, CEO of Euronext Brussels. “This efficient and flexible bond offering is made possible thanks to the solid, transparent and orderly market place that Euronext constitutes.

Alain Baetens, Head of Listings Belgium at Euronext Brussels, added: “We are delighted with the listing of Ghelamco Group’s Private Placement through her Belgian subsidiary International Real Estate Construction NV on Alternext.  Its successful connection with the financial capital markets opens a further diversification of its financing source and raises its visibility in the investor community.  The choice of Alternext offers a market access with fewer obligations making companies available to a wide range of investors.”

Philippe Pannier, CFO Ghelamco Group : We highly appreciated the professional advisory services of Alternext to list our bond program.  This listing not only brings added value for our bondholders but also supports the Group’s further strategy in the financial markets.  

KBC Securities NV and Belfius Bank NV acted as Joint Lead Managers with KBC Bank as Selling Agent.

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end June 2023, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2023, Euronext N.V. - All rights reserved.