EPH Group announces 50 million EUR secured tourism bond

EPH Group AG is launching a new secured corporate bond, designated 2026/2033, with a total volume of up to 50 million EUR. The seven-year bond offers a 10% annual coupon, featuring a notable monthly interest payment schedule starting in January 2027.

The proceeds from the issuance are intended to expand the company's portfolio of premium and luxury hotels and resorts across Austria, Germany, and other major European tourism destinations. The bond is secured by the pledging of shares in subsidiary and affiliated companies.

In addition to the new issuance, EPH Group plans a 1:1 exchange offer for holders of its 2025/32 and 2023/30 bonds. The subscription period is scheduled to run from October 28 to November 25, subject to approval by the Luxembourg financial regulator, CSSF.