The Cardea Group provides full security for all payment obligations under the 7.25% Corporate Bond of Cardea Europe AG

Cardea Europe AG / Keyword(s): Bond
Cardea Europe AG: Cardea Group provides full security for all payment obligations under Cardea Europe AG’s 7.25% corporate bond

07-Apr-2022 / 08:44 CET/CEST
Disclosure of privileged information according to. in Article 17 MAR of Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Publication of inside information pursuant to Article 17 of Regulation (EU) 596/2014

The Cardea Group provides full security for all payment obligations under the 7.25% Corporate Bond of Cardea Europe AG

April 7, 2022 – Frankfurt. The Cardea Group (Cardea), the parent company of Cardea Europa AG, has provided a comprehensive and binding surety bond for all payment obligations under the 7.25% Corporate Bond (ISIN DE000A3H2ZP5): the Cardea group guarantees to the creditors of the obligation unconditionally and irrevocably the payment due of all sums due under the suretyship. The guarantee thus covers both current interest payments and full repayment of the bond at maturity. The Guarantee constitutes an irrevocable, unsubordinated and unsecured obligation of the Guarantor which ranks at least past bet with all other unsubordinated and unsecured obligations of the Guarantor. The Cardea Europe AG bond has a volume of up to EUR 125 million, of which only a fraction has been placed so far. The guarantee also extends to volume bonds that will be placed in the future. In the past few weeks alone, Cardea has entered into very long-term asset management contracts worth billions of US dollars, resulting in annual fees in the substantial double-digit range of millions of dollars. Americans. Cardea has a total of over $17 billion in assets under management.

Information and explanations from the issuer to this news:

Jordan Waring, CEO and Founder of Cardea: “Going forward, we will fully guarantee our subsidiary’s connection to our substance and financial strength. This will significantly improve the bond’s risk profile, and bondholders will benefit from our company’s growth and recent successes in the form of long-lasting collateral.

About Cardea

Cardea is a global asset management company with offices in Atlanta, London, Barcelona and Frankfurt and over $19.6 billion in assets under management. Through its subsidiaries, Cardea Capital Group and Cardea Capital Advisors, both SEC-registered investment advisers, Cardea offers wealth management, institutional advisory, turnkey asset management platform hand and advisory services to financial advisors, institutional clients and individual investors.

Cardea Europe AG
Lurgiallee 14
D-60439 Frankfurt am Main.
Germany

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Warning
Safe Harbor Statement
No action has been taken which would permit an offering of the securities or the possession or distribution of this announcement in any jurisdiction where action for such purpose is required. Persons in possession of this announcement are required to inform themselves about and observe these restrictions.
If any statements contained herein contain forward-looking statements, such statements do not represent facts and are characterized by the words “will”, “expect”, “believe”, “estimate”, “intend”. , ‘aim’, ‘assume’ or similar expressions. These statements express the current intentions, opinions or expectations and assumptions of DESIAG and/or CARDEA EUROPE AG and persons acting with DESIAG and/or CARDEA EUROPE AG. These forward-looking statements are based on current plans, estimates and forecasts which DESIAG and/or CARDEA EUROPE AG and persons acting with DESIAG and/or CARDEA EUROPE AG have made to the best of their knowledge, but which do not claim to be correct to the ‘to come up. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and generally cannot be influenced by DESIAG and/or CARDEA EUROPE AG or persons acting with DESIAG and/or CARDEA EUROPE AG. It should be kept in mind that actual events or consequences may differ materially from those contained or expressed in such forward-looking statements.
The information in this announcement is provided for informational purposes only and does not purport to be comprehensive or comprehensive. No reliance can be placed for any purpose on the information contained in this announcement or on its accuracy or completeness. The information in this announcement is subject to change.

07 April 2022 CET/CEST DGAP distribution services include regulatory announcements, financial/corporate news and press releases.
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Elaine R. Knight