Biogas Nord AG
Biogas Nord AG: The Prospectus of Biogas Nord AG is approved by BaFin
Biogas Nord AG / Key word(s): Bond 05.07.2012 19:34 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - Bearer bonds in the value of EUR 10,000,000 - Interest rate of 7.55 percent per annum / Denomination: EUR 1,000 - Subscription period: expected to be 3rd September 2012 to 21st September 2012, subject to an early closure - Planned listing in the 'mittelstandsmarkt' of the Börse Düsseldorf expected to be on 25th of September 2012. Bielefeld, 5 July 2012: The prospectus of Biogas Nord AG, the leading provider of innovative and customized energy solutions in the field of biogas technology, has been approved on the 29th of June 2012 by the Federal Financial Supervisory Authority (BaFin). The bearer bonds of Biogas Nord AG ('Biogas Nord Bonds') with a volume of up to EUR 10 million, a maturity of five years, a fixed interest rate of 7.55 percent per annum and a minimum investment and denomination of EUR 1000, are designed for private and institutional entities. The proceeds will be used primarily for investments in biogas projects of the Biogas Nord Power AG, a 100 percent subsidiary of Biogas Nord AG. The rating mentioned in the Creditreform Rating AG prospectus of the 5th of June 2012 was temporarily suspended, and has currently no valuation basis for Biogas Nord AG. Talks are currently underway between Biogas Nord AG and Creditreform Rating AG and Biogas Nord AG believes that the rating will be reconfirmed soon. The repayment of the Biogas Nord Bonds will be partially secured by a the deposit in an escrow account of an amount exceeding 50 percent of the gross proceeds. For this purpose, 25 percent of Biogas Nord AG's profit entitlement, taken from Bioenergie Ahlen GmbH & Co. KG, Bioenergie Ahlen Verwaltungs GmbH, NaWaRo Wendlinghausen GmbH & Co. KG and Bio.S Biogas Grimma GmbH & Co. KG, following the deduction of taxes on those profits paid by the respective entities and by Biogas Nord AG, will be deposited in an escrow account. Furthermore, the profit entitlement of Biogas Nord Power AG from Terra Energo d.o.o, Profi Energo-Bio s.r.o. and Biogaz du Haut Geer, following the deduction of taxes on those profits paid by the respective entities and by Biogas Nord Power AG, will be withdrawn by Biogas Nord Power AG, or paid into the escrow account. 25 percent of these profits will be paid into the escrow account in order to secure the loan from Biogas Nord AG. The Biogas Nord Bonds are expected to be offered to interested investors from the 3rd of September 2012 to the 21st of September 2012, subject to an early closing. Investors have the opportunity to apply for the Biogas Nord Bonds via their depositary bank, directly at Biogas Nord AG, or via the portal on the Biogas Nord AG website (www.biogas.de). In the event that during the public offer period the complete allocation will not be sold, the Biogas Nord Bonds may then be sold publicly or may be bought directly from Biogas Nord AG or through the Biogas Nord AG website (www.biogas.de). It is planned to include the Biogas Nord Bonds in the 'mittelstandsmarkt' section of the Düsseldorf Stock Exchange on the 25th of September 2012. Talks between Biogas Nord AG and the Düsseldorf Stock Exchange are taking place in this regard. The prospectus is now available on the Biogas Nord AG website (www.biogas.de). In the fiscal year 2011 Biogas Nord AG has increased its total turnover of EUR 54.1 million by 46.2% to EUR 79.0 million, with an EBIT of EUR 3.1 million and a net profit of EUR 1.8 million. The equity ratio on the balance sheet date was a solid 17.4 percent. - Key figures of the Biogas Nord Bonds - Issuer: Biogas Nord AG - Security type: Bearer bonds - Volume of issue: Up to EUR 10,000,000 - Interest rate: 7.55 % p.a. - Term: 5 years, expected to be from 25 September 2012 until 24 September 2017 - Denomination/minimum investment: EUR 1,000 - Issue price: 100 % - Payback price: 100 % - Subscription period: Expected to be from 3 September 2012 until 21 September 2012,subject to an early closure - WKN/ISIN: A1PGZ4/DE000A1PGZ41 - Interest dates: Yearly, expected by the 25 September of every year, beginning 2013 - Stock market participation: Listing planned on the 25th of September 2012 in the 'mittelstandsmarkt' segment of the Düsseldorf Stock Exchange Disclaimer This press release is neither an offer to sell, nor a solicitation for offers to buy or to sign securities of Biogas Nord AG, and does not replace the prospectus. Any investment decisions regarding the Biogas Nord Bonds must be made on the basis of the prospectus, which has been approved by the 'Bundesanstalt für Finanzdienstleistungsaufsicht' and which can be found on the company's website. This announcement and the information it contains must not be distributed, directly or indirectly, in the United States of America, Canada, Australia or Japan. This press release contains forward-looking statements. Forward-looking statements are all statements which do not describe actual events of the past, and use terms such as 'believe', 'assume', 'expect', 'suppose', 'estimate', 'plan', 'intend', 'could' or other similar formulations. These forward-looking statements are subject to inherent risks and uncertainties, as they relate to future events and are based on current assumptions and estimates of Biogas Nord AG, which may not occur, or will not occur in the future as anticipated. They provide, therefore, no guarantee for the future results or performance of Biogas Nord AG and the actual financial situation and the actual results of Biogas Nord AG, as well as the overall economic development and the legal framework, which may differ significantly from those anticipated, and have been explicitly or implicitly expressed in the forward-looking statements. Investors are therefore advised not to base their investment decisions in relation to Biogas Nord AG on forward-looking statements. Biogas Nord AG has no obligation to update or revise these forward-looking statements, or to adapt these forward-looking statements with regard to future events or developments. 05.07.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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