Photon Energy arranges the refinancing of the EUR bond 2013/2018

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

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

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

MEDIA CONTACT

Jan Krcmar
T   +420 773 032 182
E  jan.krcmar@photonenergy.com

Download as pdf.