Landstone B.V. Announces Credit Insurance on Its Secured Bonds
AMSTERDAM--(BUSINESS WIRE)--Dec 3, 2019--
The directors of Landstone B.V. are pleased to confirm the implementation of an insurance policy in benefit of the bondholders of the Landstone B.V. bonds with ISIN DE000A2R3876.
Insurance policy summary
The insurance guarantees timely coupon and principal payments in the remote event of a claim resulting from a default by Landstone B.V. in respect of its coupon and principal payments on the bonds through to maturity on June 30 2024.
Landstone B.V. is a company within the Larmag Group which has 34 years of experience in investment and management of commercial real estate in Europe and the U.S.A. Larmag Group has owned real estate with a value of more than €5 billion since its inception in 1985.
For further questions please contact the directors of Landstone B.V.
View source version on businesswire.com:https://www.businesswire.com/news/home/20191203005954/en/
CONTACT: Lars-Erik Magnusson, Director
+ 31 20 354 7324
1101 BS Amsterdam Zuid-Oost
KEYWORD: NETHERLANDS EUROPE
INDUSTRY KEYWORD: FINANCE PROFESSIONAL SERVICES COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY INSURANCE
SOURCE: Landstone B.V.
Copyright Business Wire 2019.
PUB: 12/03/2019 02:52 PM/DISC: 12/03/2019 02:52 PM