Photon Energy Investments aims to fulfil high voluntarystandards of transparency regarding
investor relations for its 8%corporate bond. After the interest-free subscription period, whichends on 11th
March 2013, the bonds will be traded in the OpenMarket Segment of the Frankfurt Stock exchange. Close
BrothersSeydler Bank will act as equity specialist for the Photon EnergyInvestments bond on the Frankfurt
Stock exchange.
Amsterdam, 05.03.2013 – Dutch-based Photon Energy InvestmentsN.V., a
division of global solar power solutions and servicescompany, Photon Energy N.V., has today announced its
plan to targethigh voluntary transparency standards for its 8% corporate bond bypublishing more information
for shareholders than required by theregulations of the Open Market Segment of the Frankfurt Stockexchange.
The issuer plans to implement a proactive investorrelations approach, which will be based on regular
reporting.“We want to send a signal to investors by continuouslyreporting the results of our
strong portfolio of photovoltaic powerplants,” says CEO Georg Hotar.
Photon
Energy Investments plans to publish not only audited yearlyreports but provide investors with regular
quarterly financialupdates. In addition bondholders will be informed on theperformance of the current
portfolio of power plants as well as theprogress of the planned expansion and the status of the
projectpipeline in monthly reports. “By setting ourselves highreporting standards and paying a
quarterly coupon we want to showinvestors that we are operating in the reliant sweet spot of theRenewable
Energy sector. We are convinced that bondholders willappreciate this transparency and that we will set a
benchmark amongmid-sized companies,” explains CEO GeorgHotar.
“Investors should receive regular updates and beregularly informed about their investments”, Hotar adds. The
firstmonthly report is scheduled to be released on April 15th togetherwith unaudited financial figures for
2012.
Close Brothers Seydler Bank will act as equity specialist forPhoton Energy
Investments’ 8% bond on the Frankfurt Stockexchange.
Interested investors can subscribe to
the corporate bond until11th March 2013 (interest free) at a denomination of 1,000 EUR byusing the ISIN
DE000A1HELE2 in Germany, Austria, the CzechRepublic, Slovakia and Poland. Further information on the
bond,including details on how to subscribe as well as the prospectus canbe found on www.photonenergyinvestments.com
Facts
and figures:
| Issuer: | Photon
Energy Investments N.V. |
| Planned issue volume: | up
to 40 Mio. EUR |
| Coupon: | 8% annually, with an
equal quarterly payment schedule |
| Subscription period / Initial
offering: | 25. 02. 2013 / 12. 03. 2013 (planned) |
| Placement
/ Stock exchange segment: | Public placement in Germany, Austria, Czech Republic,
Slovakiaand Poland. / Secondary market: Open Market / Quotation Board onthe frankfurter stock exchange
(planned) |
| Company rating: | BB- (Creditreform) |
| Covenants: | Pari
passau-Equal seniority of existing and future unsecuredclaims
No profit distribution to the parent
company during term
Equity ratio must always be at least 25%*
Negative pledge
Change-of-control
clause
Cross Default
No cash pooling with parent or sister company |
| Denomination: | 1.000
EUR / 100% |
| Term / Redemption: | 5 Years / 12th
March 2018 at par |
| WKN / ISIN: | A1HELE /
DE000A1HELE2 |
| Use of proceeds: | As equity
contribution in the acquisition of PV solar powerassets, with priority given to the markets of North America
andAustralia, and secondarily to Romania and Turkey. |
| Credit
Research: | GBC Research, Independent Research |
*
Subject to current legal framework requirements. The sum ofinterest-bearing debt capital and equity capital
are used as totalcapital to determine the Equity ratio
Disclaimer
This
document and the informationcontained within constitutes neither an offer to sell nor asolicitation to buy
any corporate bonds of Photon EnergyInvestments N.V., nor any financial or investment advice in Germanynor
any other country, particularly if such an offer ofsolicitation is forbidden or not allowed, and does not
substitutethe sales prospectus. Potential investors are asked to informthemselves about and respect possibly
existing restrictions. s. Apublic offering of partial bonds of Photon Energy Investments N.Vwill take place
solely through and based on the publication of thesales prospectus and its attachments and its filing with
theFederal Financial Supervisory. This prospectus will be published onwww.photonenergyinvestments.com. The
information published in thisdocument may not be distributed outside Germany, Austria, the CzechRepublic,
Slovakia and Poland and in particular not in the USA andto US citizens (as defined in Regulation S of the US
Securities Act1933 (“Securities Act”) in the current version), or to publicationswhich are distributed in
the USA, except if a legal obligationexists to distribute these publications outside Germany, Austria,the
Czech Republic, Slovakia and Poland.
MEDIA CONTACT
Jan Krčmář
T
+420 773 032 182
E jan.krcmar@photonenergy.com
ABOUT PHOTON ENERGY
INVESTMENTS
Photon Energy Investments N.V. is an independent producer ofelectricity
from its own portfolio of PV power plants. It is partof the Photon Energy group, a global solar power
solutions andservices company. Photon Energy Investments’ core business is solarpower asset creation and
management, and providing sustainable andlong-term cash flows for shareholders. The portfolio of
PhotonEnergy Investments includes 25 solar power plants in CzechRepublic, Slovakia and Italy with a total
installed capacity of26,7 MWp at the end of 2012. The company is expanding its assetportfolio with new solar
power plants in Europe, Australia andNorth America.
