HOMANN HOLZWERKSTOFFE GmbH
Subscription period for Homann Holzwerkstoffe Bond 2021/2026 starts today
DGAP-News: HOMANN HOLZWERKSTOFFE GmbH
/ Key word(s): Bond
Subscription period for Homann Holzwerkstoffe Bond 2021/2026 starts today
Munich, 1 March 2021 – Today marks the start of the subscription period for the 2021/2026 corporate bond issued by Homann Holzwerkstoffe Group, a leading European supplier of thin, refined wooden fibreboards for the furniture, doors and coatings industries. The security (ISIN: DE000A3H2V19; WKN: A3H2V1) will carry a fixed annual coupon of 4.50% and may be subscribed in the context of a public offering via Deutsche Börse’s subscription facility until 14:00 h on 4 March 2021, subject to early closing. The bond will be issued at a principal amount of EUR 1,000 and has a term of 5.5 years. Homann Holzwerkstoffe intends to use the target volume of EUR 60 million primarily to repay the outstanding Bond 2017/2022 (ISIN: DE000A2E4NW7; WKN: A2E4NW) and as a liquidity reserve to finance continued growth and general corporate purposes. In this context, the company plans to call the Bond 2017/2022 early, which has been possible since 14 June 2020 at 101.5% of the principal amount and under certain conditions. The new issue is targeted primarily at medium-term oriented institutional and private investors who are interested in an investment in a company with a demonstrably crisis-resilient business model and above-average credit ratios combined with attractive interest rates. The new bond is planned to be listed in the Quotation Board segment (Open Market) of the Frankfurt Stock Exchange on 12 March 2021. The public offering is made in Germany and Luxembourg. The notes are also offered by way of a private placement in Germany and Luxembourg as well as certain other jurisdictions. IKB Deutsche Industriebank AG will manage the issue. The securities prospectus approved by the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg, and notified to the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany, is available for download at https://www.homann-holzwerkstoffe.de/en/investor-relations/, https://www.boerse-frankfurt.de/en and www.bourse.lu.
Headquartered in Munich, Homann Holzwerkstoffe Group is a leading supplier of thin, high-quality finished medium-density and high-density fibreboards (MDF/HDF). With production plants in Losheim am See, Germany, as well as Karlino and Krosno/Oder, Poland, the Group serves the global furniture, door and coating industries, with the main focus on the European markets. The family-owned company looks back on a long tradition and has been established on the capital market since 2012. Its 2017/2022 corporate bond (ISIN: DE000A2E4NW7; WKN: A2E4NW) is listed on the Frankfurt Stock Exchange in the Scale segment.
Key data of the Homann Holzwerkstoffe corporate bond 2021/2026
Press/Investor Relations: Contact:
This press release as well as the information contained herein do not represent an offer to sell or an invitation to buy securities of Homann Holzwerkstoffe GmbH in the Federal Republic of Germany or in the Grand Duchy of Luxembourg or in another country and shall not be construed as such, in particular if such an offer or such an invitation is forbidden or not permitted, and do not replace the securities prospectus. Potential investors in notes of the Bond 2021/2026 of Homann Holzwerkstoffe GmbH are asked to seek information about such restrictions and to comply with them. An investment decision regarding the notes of the Bond 2021/2026 of Homann Holzwerkstoffe GmbH may be made only on the basis of the securities prospectus approved by the Luxembourg Financial Supervisory Authority (Commission de Surveillance du Secteur Financier – CSSF) on 9 February 2021, which is available at https://www.homann-holzwerkstoffe.de/en/investor-relations/ and www.bourse.lu. The CSSF’s approval should not be understood as an endorsement of the securities offered. Potential investors should read the prospectus before making an investment decision in order to fully understand the potential risks and opportunities of the decision to invest in the securities. The information contained in this document may not be distributed outside the Federal Republic of Germany and the Grand Duchy of Luxembourg, in particular not in the United States of America, to U.S. persons (as defined in Regulation S of the United States Securities Act of 1933) or to publications with a general circulation in the United States of America, unless such distribution outside the Federal Republic of Germany and the Grand Duchy of Luxembourg is required by mandatory provisions of applicable law. Any breach of this restriction may constitute a violation of the securities regulations of certain countries, in particular the United States of America. Notes of Homann Holzwerkstoffe GmbH are not publicly offered for sale outside the Federal Republic of Germany and the Grand Duchy of Luxembourg.
01.03.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | HOMANN HOLZWERKSTOFFE GmbH |
Adalbert-Stifter-Straße 39a | |
81925 München | |
Germany | |
Phone: | 089 99 88 69-0 |
Fax: | 089 99 88 69-21 |
E-mail: | tk@homanit.org |
ISIN: | DE000A2E4NW7 |
WKN: | A2E4NW |
Listed: | Regulated Unofficial Market in Berlin, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1171820 |
End of News | DGAP News Service |