e-Finance CZ SE 47 Bonds

The e-Finance group has been investing in real estate in attractive locations in the Czech Republic for twenty years. The portfolio of completed and rented properties of e-Finance Groupe already exceeds the value of 1,98 billion crowns. The value of all real estate projects, including those in preparation and construction, exceeds the value of 2,64 billion crowns. Our current investment portfolio of properties owned by e-Finance can be viewed here. These properties regularly provide stable returns that are annually above inflation, in the long term by several percent.

Inflation is an inseparable part of a market economy. Inflation occurs when the prices of goods and services rise. The rate of inflation is given by the percentage change in the price level of consumer prices, i.e., the change in the prices of goods and services. This change in prices is also referred to by the so-called Consumer Price Index. The Consumer Price Index indicates the current price of a basket of consumer goods, products, and services relative to the price of the basket in the reference year. Price representatives are such products and services that significantly contribute to the expenditures of the population, such as food and non-alcoholic beverages, alcoholic beverages, tobacco, clothing and footwear, housing, water, energy, fuels, dining, accommodation, and others.

The increase in consumer price indices is published every month by the Czech Statistical Office.

From April 8, 2024, you can order bonds from the issue of three-year bonds e-Finance CZ SE 47 with an annual interest rate of 9% for the first yield period (June 1, 2024, to June 30, 2025), 8% p.a. for the second yield period (July 1, 2025, to June 30, 2026), and 5% p.a. for the third yield period (July 1, 2026, to June 30, 2027)

The bonds of the e-Finance group are investment securities intended for citizens of the Czech Republic, whose basic prospectus of the bond program is approved every year by the Czech National Bank.

e-Finance CZ SE 47 Bonds with an Annual Interest Rate of 9%, 8%, and 5%

e-Finance Groupe announces that the public offering of e-Finance CZ SE 47 bonds has been concluded.

e-Finance CZ issues as of June 1, 2024, the e-Finance CZ SE 47 bond issuance under the e-Finance bond program with a total maximum volume of CZK 3,000,000,000 and a maximum outstanding bond volume of CZK 500,000,000. e-Finance CZ SE 47 bonds can be ordered from April 8, 2024.

Interest Yield

The bonds offer a fixed appreciation of 9% p.a. for the first yield period (6/1/2024 to 6/30/2025), 8% p.a. for the second yield period (7/1/2025 to 6/30/2026), and 5% p.a. for the third yield period (7/1/2026 to 6/30/2027). The stated interest is fixed for the entire period and does not change regardless of any potential decrease in bank interest rates. Interest will be paid to the bondholder on 7/1/2025, 7/1/2026, 7/1/2027.

Form of Bonds

The bonds are issued in physical form, registered, and are freely transferable by endorsement, with the transfer not requiring approval and not being subject to any fees. Subscription of the bond is also carried out without any fees.

Use of Funds Obtained from Bonds

The issuer intends to invest the funds obtained from the bonds primarily in the development and financing of the issuer's business activities, its parent company, and sister companies, particularly in the areas of construction, purchase, revitalization, rental, operation, and sale of real estate, purchase of business shares in business corporations whose main economic activity is the management of their own real estate, establishment of business corporations whose main economic activity is the management of their own real estate, management of business shares held by the issuer, parent company, or sister companies in business corporations, development and financing of business corporations in which the issuer, parent company, or sister companies own a business share.

Bond Redemption

The bondholder may request redemption at the end of the current yield period, provided that this is done no later than three months before its end. The notice period is 3 months.

Subscription and Purchase of Bonds

First, conclude a contract for the subscription and purchase of bonds, then pay the issue price of the subscribed bonds, either by transfer to the account specified in the contract or in cash (cash only up to the equivalent of 250,000 CZK), and subsequently, the bonds will be handed over to you. Bonds can also be sent by mail as insured valuable shipments. The nominal value of one bond and the minimum investment amount is 50,000 CZK. The bond subscription contract can be concluded directly at the headquarters of e-Finance Groupe in Brno at Bratislavská 234/52, or by correspondence.

Approval by the CNB

The basic bond prospectus was approved by the Czech National Bank as the competent authority under Regulation (EU) 2017/1129.
Complete decision of the CNB on the approval of the basic prospectus of the bond offering program

The Czech National Bank approves this prospectus only in terms of its compliance with the standards of completeness, comprehensibility, and consistency imposed by Regulation (EU) 2017/1129. This approval should not be understood as a confirmation of the quality of the securities that are the subject of this prospectus. Investors should make their own assessment of the suitability of investing in these securities. We recommend that potential investors read the prospectus before making an investment decision to fully understand the potential risks and returns associated with the decision to invest in securities.

Complete Information

Download: e-Finance – basic prospectus of the bond program
Download: Final terms of the offer for the issuance of e-Finance Property CZ SE 47 Bonds

The issue conditions can also be reviewed at the issuer's headquarters at Bratislavská 234/52, Brno, where they are available free of charge in brochure form and on electronic data carrier CD.