Leasinvest Real Estate has launched a public bond offering in Belgium for a minimum amount of €50 mln and a maximum of €75 mln.

Leasinvest Real Estate has launched a public bond offering in Belgium for a minimum amount of €50 mln and a maximum of €75 mln.

The bond has a maturity date of October 2019 and a coupon of 3.75% gross per year.

The subscription period runs from 27 September 2013 until 4 October 2013, subject to early closing.

Belfius Bank, BNP Paribas Fortis and ING Bank are acting as joint lead managers for this issue. ING also acts as coordinator.

Real estate investment trust Leasinvest Real Estate mainly invests in high quality and well-located shops, offices and logistics buildings in Belgium and the Grand Duchy of Luxembourg. The consolidated real estate portfolio comprises 424,800 m2 over 53 buildings.

The company is listed on Euronext Brussels and has a market capitalisation of €341 mln.