Bond Areal 0% ( XS2792138153 ) in EUR

Issuer	Areal
Market price	100 % ⇌
Country	Germany
ISIN code	XS2792138153 ( in EUR )
Interest rate	0%
Maturity	21/05/2024 - Bond has expired
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Detailed description	Aareal Bank is a German commercial bank specializing in real estate financing and IT solutions for the real estate industry. The European debt market recently witnessed the successful maturity and full repayment of a specific bond, identified by ISIN XS2792138153, issued by Aareal Bank AG. Aareal Bank AG, headquartered in Wiesbaden, Germany, is a globally active specialist in commercial property financing and consulting services. As a leading player in the real estate sector, the bank provides financing for a diverse portfolio of assets, including office properties, hotels, shopping centers, and logistics properties, underpinning its reputation for stability and expertise within the financial markets. This particular obligation, a zero-coupon bond denominated in Euros and issued from Germany, reached its scheduled maturity date on May 21, 2024. Prior to its maturity, the bond's last recorded market price stood at 100% of its nominal value. Designed without periodic interest payments, its structure entailed a single principal repayment upon maturity, aligning with its zero interest rate and single payment frequency. Confirming its robust financial standing and commitment to its obligations, Aareal Bank AG has now successfully retired and repaid this bond in full, providing a clear conclusion to its lifecycle in the investment landscape.