Switzerland: SenioResidenz launches convertible bond to fund acquisitions

SenioResidenz, a real estate investor primarily focused on properties for seniors’ living and care facilities, has launched up to CHF20m (US$22m) of unsecured mandatory convertible bonds with the intention to use the net proceeds to finance the acquisitions of existing senior residences / care centres. A first property in Salmsach in the canton of Thurgau…

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