Frankfurt/Main– Lübeck-based Hypoport SE, which is listed on the Prime Standard, has successfully issued 378,788 new shares as part of a private placement in an accelerated bookbuilding process, making partial use of the existing authorised capital. A price of EUR 132.00 per share means that the capital increase raised gross proceeds of EUR 50 million. Hypoport is aiming to leverage the growth opportunities arising from major changes in the home ownership market. The private placement was supported by Joh. Berenberg, Gossler & Co. KG as sole global coordinator and sole bookrunner.
A CMS team headed by lead partner Philipp Melzer advised Joh. Berenberg, Gossler & Co. KG as underwriter’s counsel on all legal aspects of structuring, implementing and settling the capital increase.
Listed on the SDAX and MDAX since 2015, Hypoport SE is the parent company of the Hypoport Group, which comprises a network of technology companies in the credit, real estate and insurance industries.
Joh. Berenberg, Gossler & Co. KG is headquartered in Hamburg and describes itself as a leading European private bank in the areas of Wealth Management, Asset Management, Investment Banking and Corporate Banking. The banking house is run by personally liable partners and also has a presence in Frankfurt, London and New York.
CMS Germany
Philipp Melzer, Lead Partner, Frankfurt/Main
Patrick Damanik, Senior Associate, Frankfurt/Main
Dr Philipp Henneberg, Associate, Frankfurt/Main, all Capital Markets
Press Contact
presse@cms-hs.com
