Institutional and Retail investors / Foncière Inéa
Real Estate
Service and aftermarket for the sawmill industry
Investment group with small- and mid-sized companies
Transaction advisors
acted as Global Coordinator and Joint Bookrunner in Foncière Inéa’s €107 million capital increase on Euronext Paris
IMAP is pleased to announce that Degroof Petercam acted as Global Coordinator and Joint Bookrunner in FoncièreInéa’s capital increase on Euronext Paris.
FoncièreInéa, a specialist in green office buildings listed on Euronext Paris, raised €107.3 million via the issuance of 2,385,221 new shares at €45 per share.
The transaction was structured as a rights issue. The rights issue required the structuring of 75% of take-up of the rights ahead of the launch that had been built through the commitments of existing shareholders, including the management (GEST), and 5 new investors accounting for €57 million (SURAVENIR, SCI Allianz Invest Pierre, Hazelview, FamilleLasry and La Bruyère).
The settlement, delivery and admission took place on June 24, 2022.
The €107.3 million capital increase accounts for 28.2% of pre-money capital. The proceeds of the capital increase will be dedicated to growth financing with the aim of achieving a €2 billion portfolio by the end of 2026. The company aims to maintain its LTV below the 50% mark.
The DegroofPetercam – IMAP France team, led by Frédéric Hébrard, acted as Global Coordinator and Joint Bookrunner to FoncièreInéa. This deal further highlights Degroof Petercam’s expertise in both the Real Estate sector and in Equity Capital Markets.
