Metalcorp Group S.A.
Metalcorp Group B.V. successfully issues new 2017/2022 corporate bond in the amount of EUR 50 million
DGAP-News: Metalcorp Group B.V. / Key word(s): Bond/Issue of Debt Metalcorp Group B.V. successfully issues new 2017/2022 corporate bond in the amount of EUR 50 million – Issue amount of EUR 50 million was placed in full – Exchange offer accepted in the amount of EUR 25.6 million – New subscriptions clearly exceeded expectations – Long-term growth secured
Amsterdam, 29 September 2017 – Metalcorp Group, a globally operating provider of procurement, logistics and trade services in the ferrous and non-ferrous sectors as well as one of Europe’s leading independent producers of secondary aluminium slabs, successfully placed in full its new 2017/2022 corporate bond (ISIN: DE000A19MDV0) with private and institutional investors in the amount of EUR 50 million. The 5-year bond carries a coupon of 7%. EUR 25.6 million of the total amount of EUR 50 million relate to the exchange offer to existing holders of the 2013/2018 bond. The remaining amount of EUR 24.4 million was generated primarily via a private placement with institutional investors. The 2017/2022 bond is scheduled for admission to the Open Market (Freiverkehr) of the Frankfurt Stock Exchange on 2 October 2017. BankM – Representative Office of FinTech Group Bank AG acted as Global Coordinator and Bookrunner in the issue. Key data of the bond
Important notice: The securities that are the object of this publication were offered by the issuer by way of a public offer between 30 August 2017 and 22 September 2017 (exchange offer) and between 11 September 2017 and 28 September 2017 (subscription function) exclusively in the Federal Republic of Germany, the Grand Duchy of Luxembourg and the Kingdom of the Netherlands. No offer was made outside the Federal Republic of Germany, the Grand Duchy of Luxembourg and the Kingdom of the Netherlands, neither in the form of a private placement nor in the form of a public offer. In particular, the securities have not been registered in accordance with the U.S. Securities Act of 1933 as amended from time to time (the “Securities Act”) and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. About Metalcorp Group B.V.: Metalcorp Group B.V.
29.09.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Metalcorp Group B.V. |
Crystal Tower, Orlyplein 10 | |
1043 DP Amsterdam | |
Netherlands | |
ISIN: | DE000A1HLTD2 |
WKN: | A1HLTD |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Open Market (Basic Board) in Frankfurt |
End of News | DGAP News Service |