Degroof Petercam was able to generate substantial demand from long only funds and specialized investors, leading to an oversubscription at a price of € 19.25 per share, which implies a discount of 7.1% to the closing price prior to launch.
Degroof Petercam is extremely pleased with the success of this transaction, where it acted as Joint Global Coordinator and Joint Bookrunner in a syndicate comprising one other Belgian retail bank.
About Care Property Invest
Care Property Invest is a Public Regulated Real Estate Company active in senior housing. Care Property Invest helps healthcare entrepreneurs to undertake property projects by offering real estate tailored to the end user, that is both qualitative and socially responsible. The company applies its expertise and know-how to create affordable, good quality and attractive healthcare infrastructure and residential accommodation for the elderly and for people with a disability.
About Bank Degroof Petercam Corporate Finance
Degroof Petercam Corporate Finance, 100% subsidiary of Bank Degroof Petercam, offers a full range of independent financial advisory services. The team of 70 professionals based in Brussels, Paris and Lyon, occupies a leading position on the Belgian & French market.