VIB Vermögen AG Successfully Repays 2026 Promissory Notes

VIB Vermögen AG has announced the repayment of its promissory note loans amounting to €43.5 million, which were due in September 2026. This repayment marks the conclusion of promissory notes issued in 2021. VIB has also refinanced the next set of promissory notes worth €14.5 million, due in March 2027.

The company continues to push forward with its strategic plans, having fully leased its GreenBiz Park project in Erding and achieved major lettings in Dortmund. These developments, coupled with the repayment of promissory notes, underline VIB's robust balance sheet as reflected by an equity ratio of 49.4% and a loan-to-value ratio of 41.2%.

Focus is now on operational business under VIB's 360-degree approach, emphasizing project developments and partnerships, such as the joint venture with Tristan Capital.