WING further strengthens its capital market position with a successful bond issuance
2025-05-06
Demonstrating strong investor demand with more than twice the oversubscription, WINGHOLDING Zrt. — a leading real estate development and investment group in Central Europe — successfully issued €43.2 million in bonds. The company accepted subscriptions totaling €43.2 million at a yield of 6.50%, under its €100 million bond program with a three-year maturity. The funds raised through this successful capital increase will be used to pursue new investment opportunities and to launch additional real estate development projects.
A total of 43,200 bonds, each with a nominal value of EUR 1,000, were subscribed during WING’s bond issue, which closed on May 6. The group also informed investors that it had initiated the listing process of all bonds issued during the subscription on the Budapest Stock Exchange.
WING Group has been a significant player in the domestic capital market since 2016, and is continuously present on the stock exchange through its bond programs. Its strategic goal as a reliable partner is to offer attractive opportunities to its investors. The basis of its strategy continues to be sustainable, innovative and diversified portfolio construction, which makes it resilient to market changes.
“At WING, it is a top priority to secure funding for our growth strategy through transparent and internationally competitive means. Through our professional approach to bond issuances, we not only reinforce investor confidence, but also provide our partners with the opportunity to benefit from the results of both our domestic and successful international investments. The strong demand and more than double oversubscription clearly confirm WING’s market leadership and the strength of our position in the Central European property market” – said Noah Steinberg, Chairman and CEO of WING Zrt.
In 2024, the WING Group strengthened its leading position in the Central European real estate market with outstanding results, including successful transactions, high-quality developments and strategic market expansion.