UBM Development Places €58M Green Bond, Cuts 2027 Maturities
UBM Development raised €40M in cash through the bond, reducing 2027 maturities to about €32M. Its next major bond repayment of €93M is due in October 2029.
UBM Development AG placed a €58M Green Bond through an exchange and cash subscription, reducing its 2027 bond maturities to ~€32M. The transaction raised €40M in cash. The next major bond repayment, of €93M, is due in Oct 2029.