PHOTON (PEN): Photon Energy arranges the refinancing of the corporate bond 2013/2018 - raport 17

Photon Energy N.V. announced that it has mandated Munich-based Dero Bank AG to act as its advisor and lead manager for its planned EUR-denominated bond issue, aimed at refinancing its outstanding EUR bond due on 12 March 2018 (ISIN: DE000A1HELE2). The new bond issue is also aimed at raising new capital for the group’s expansion in Australia and Hungary.

Photon Energy intends to make a public exchange offer to the holders of its current bond and a public offer to new investors in 2017Q4. The current bond is listed on the Frankfurt Stock Exchange and was placed in 2013. The terms of the new bond issue will be published at the time of the offering.

In March 2013, the Company issued a 5-year corporate bond with an 8% annual coupon and quarterly payments. The corporate bond, with a denomination of EUR 1,000, is being traded in the Open Market of the Frankfurt Stock Exchange. The bond is also listed on the stock exchanges in Berlin, Hamburg, Hannover, Munich and Vienna.

Legal basis: § 5 ust. 1 point no.2 of the Appendix 3 to Regulations of the Alternative Trading System - "Current and Periodic Information in the Alternative Trading System".

Osoby reprezentujące spółkę:
Georg Hotar - Director
Michael Gartner - Director