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HSL Fund capital increase of maximum CHF 38 million
EQS Group-News: Helvetica Property / Key word(s): Funds/Real Estate
05.05.2021 / 06:59
Zurich, 05 May 2021 - The fund management company will launch a capital increase for the Helvetica Swiss Living Fund (HSL Fund; ISIN CH0495275668) for a maximum of CHF 38 million on 10 May 2021. The issue proceeds will permit the already secured purchase of more than 300 apartments in attractive locations valued at about CHF 130 million.
The fund management company will carry out a capital increase of up to CHF 38 million for the HSL Fund from 10 May to 26 May 2021, 12.00 noon CEST. Each existing share will be allotted one (1) subscription right. (4) subscription rights entitle to the subscription of one (1) new share against payment of the issue price in Swiss Francs. In total a maximum of 342,789 new shares will be issued. This will increase the total number of outstanding shares from 1,371,155 to a maximum of 1,713,944 shares. The net
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