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7 months ago
BRIEF-Adler Real Estate: sale of conwert stake successfully completed
January 18, 2017 / 7:05 AM / 7 months ago

BRIEF-Adler Real Estate: sale of conwert stake successfully completed

Jan 18 (Reuters) - Adler Real Estate AG :

* Sale of conwert stake successfully completed

* 422 million euros ($450.78 million) received

* Plans to use proceeds from transaction to buy back higher yielding bank and capital markets debt Source text for Eikon: Further company coverage: ($1 = 0.9362 euros) (Gdynia Newsroom)

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