8. 12. 2014

PASSERINVEST GROUP Bond Issue Fully Subscribed

PASSERINVEST GROUP, a. s., the Czech Republic’s leading development and investment firm, has successfully underwritten a CZK 550 million corporate bond issue. The bond yield of 5.25% p.a. is paid to the investors quarterly and the bonds mature on 31 December 2017. The underwriting process was managed by UniCredit Bank Czech Republic and Slovakia, a.s.


The PASSERINVEST GROUP plans to use the proceeds from the bond issue primarily for purchasing investment real estate. The company has already completed its first acquisition based on this strategy, as, on 1 December 2014, it announced the purchase of the ALPHA office building in Prague’s BB Centrum.


“We greatly value the trust investors have in our business endeavours. It is our pleasure to allow our bond owners to invest in high-quality real estate in the unique BB Centrum location,” says Radim Passer, the Chair of the PASSERINVEST GROUP Board of Directors, in relation to the completion of the bond issue.


“This bond issue has allowed our company to successfully enter the debt capital market and has added a new interesting source of capital to our financing structure. We value the professional approach of our partner, UniCredit Bank, which, over the course of not even one full year, helped us to prepare the issue and place it on the market. We shall see how our activities continue to develop and may possibly consider another bond issue in the coming years,” according to Ondřej Plocek, one of the members of the PASSERINVEST GROUP Board of Directors, as he comments on the transaction.


‘The interest in this bond issue on the part of private clients greatly exceeded our expectations. It has confirmed that a company with a long-term strategy, a high-quality client portfolio, and a stable market position offers its clients not only added value, but, most importantly, great investment potential for the future,” says Raymond Kopka, UniCredit Bank’s Private Banking Manager for the Czech Republic and 

For more information and print-quality photographs, please contact:

Mgr. Vendula Malochová, Marketing Manager


Tel.: (+420) 221 582 111, fax: (+420) 222 515 521

Mobile: (+420) 605 318 974

E-mail: Vendula.Malochova@passerinvest.cz

www.passerinvest.cz, www.bbcentrum.cz


Ing. Marcela Štefcová

Crest Communications a.s.

Tel.: (+420) 222 927 125

Mobile: (+420) 731 613 669

E-mail: marcela.stefcova@crestcom.cz

For more information and photos in print quality, please contact us.

Kristýna Samková

Head of PR and Marketing department

Kamila Žitňáková

Crest Communications a.s.


Passerinvest Group (hereinafter Passerinvest) is a purely Czech builder and investor. The company was founded by Radim Passer back in 1991 and has since then acquired a lot of experience in the construction of office and commercial buildings, residential buildings and civic amenities.
Since 1998, Passerinvest, as a responsible urban developer, has primarily been connected with Brumlovka (BB Centrum) in Prague 4, which is one of the most successful and extensive urban projects not only in the Czech Republic, but throughout all of Europe. Another important project in the company’s portfolio is Nové Roztyly, a brownfield of the former slaughterhouses of the Interlov complex where, in the future, a place with pleasant housing with a large park should arise, complemented by services for the general public and an office function. The principles of urban construction and the long-term sustainable development of Prague and the Czech Republic are part of Passerinvest Group’s vision. Thanks to its responsible approach, Passerinvest has built a very good reputation both on a domestic and on an international level. This is not only to the credit of the quality of the realised projects and the high level of the provided services, but also to the sense of fair play, a customer approach and also its responsibility to the society and the environment.