UniDevice AG
UniDevice AG: issuance of a corporate bond 2019/2024
UniDevice AG / Key word(s): Issue of Debt/Bond
Ad hoc, 11/25/2019
Berlin, November 25, 2019 – Due to the positive business development, UniDevice AG issues a corporate bond (“UniDevice bond”). The prospectus of the UniDevice AG bond was approved today by the Commission de Surveillance du Secteur Financier (CSSF) on 25th November 2019. The securities prospectus is published on the UniDevice AG website at www.unidevice.de.
The bond 2019/2024 (ISIN DE000A254PV7) provides for an issue volume of up to Euro 20 million, a term of five years and a coupon of 6.50% p.a. at half-year coupon payment. The terms and conditions of the bond also provide that the interest coupon may increase by 0.5 percentage points each in the event of a breach of transparency obligations and given financial ratios. In addition, the UniDevice bond has extensive investor protection rights (covenants). The inclusion of the bonds in the over-the-counter market of the Frankfurt Stock Exchange in the trading segment Quotation Board has been requested. The share of UniDevice AG is already listed in the trading segment m: access on the Munich Stock Exchange and in the Open Market of the Frankfurt Stock Exchange (ISIN: DE000A11QLU3). The proceeds of the issue will be used for future growth of UniDevice AG as well as optimization of the financing structure. Renell Wertpapierhandelsbank AG as well as Bondwelt GmbH were commissioned as issuance supporters of UniDevice AG. Issuer: Telefon: +49 (0) 30 634 156 00
25-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | UniDevice AG |
Mittelstrasse 7 | |
12529 Schönefeld | |
Germany | |
Phone: | 030 63415600 |
E-mail: | info@unidevice.de |
Internet: | www.unidevice.de |
ISIN: | DE000A11QLU3 |
WKN: | A11QLU |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich |
EQS News ID: | 921065 |
End of Announcement | DGAP News Service |