Gewobag’s two record Schulschein loans – arranged by BayernLB/LBBW – have been awarded in the ‘Best Schuldschein Deal of the Year for a Midcap Borrower’ category at the GlobalCapital Loan Awards 2020 in London.
The state-owned Berlin property company issued Schuldschein loans in the amount of €700 million and €650 million in September and December 2019 respectively. They were used to acquire portfolio properties and for general corporate financing. It was the largest Schuldschein transaction for a medium-sized property company placed on the market to-date.
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Since 2003, the prestigious GlobalCapital Loan Awards have been the only industry award to cover the entire loans market in Europe, the Near East and Africa. Assessment is based on the results of a poll among the key market participants.
With some 70,000 properties and over 120,000 tenants, Gewobag is one of the largest property companies in the capital and nationally.
