Altech Advanced Materials AG
Youbisheng Green Paper announces further details on planned bond issue
Youbisheng Green Paper AG / Key word(s): Issue of Debt/Bond 15.10.2012 / 14:19 --------------------------------------------------------------------- Munich, 15 October 2012. Youbisheng Green Paper AG, a Chinese manufacturer of environmentally friendly linerboard for the growing Chinese consumer goods industry, has announced further details on the planned bond issue in cooperation with Vantage Capital Markets HK Ltd, the Lead Arranger and Bookrunner of the transaction. The bond will have a volume of RMB 500 million (approx. EUR 61 million), maturing in 2015. The annual interest rate will amount to 10-12%, subject to investor demand. The private placement of the bond is expected to take place within the next four weeks. Since 2008, Youbisheng has been operating at full capacity and has gradually increased its outsourced production since 2009. The company's management is attempting to increase the production capacity by building a third high-end testliner production line in Huanggang City, Hubei Province. The new production line with a total investment of over RMB 700 million (approx. EUR 85.4 million) will be financed by the funds raised from the bond and operational cash flow. The new facility will have an annual capacity of 300,000 tons, twice as much as the present production capacity. About Youbisheng Green Paper AG Youbisheng Green Paper AG is the German holding company of a Chinese clean-tech leader of environmentally friendly produced linerboard from up to 100% recovered fibres. The high-quality linerboard innovations of Youbisheng take up a special position in the Chinese market and are produced in the own production plant near Quanzhou City. They are used in the packaging industry in the Fujian and Guangdong Province (together about 141 million inhabitants), especially for visually attractive sales packaging and carrier bags of high-quality consumer goods. Youbisheng has been operating as a paper producer since 2000. In fiscal year 2011 and with its production plants operating at full capacity, it manufactured almost 150,000 metric tons of linerboard, making it one of the biggest linerboard producers in Fujian and Guangdong Provinces. For further Information please contact: Kirchhoff Consult AG Yasmin Yaqub Tel.: +49 (0)40 60 91 86 34 yasmin.yaqub@kirchhoff.de Youbisheng Green Paper AG Gustav-Heinemann-Ring 44 81739 München contact@youbisheng-greenpaper.de About Vantage Capital Markets HK Ltd Founded in 2008, VCM HK offers cross asset brokerage solutions ranging from execution to bespoke transaction structuring. VCM HK and its affiliate Vantage Capital Markets LLP cover products from equities, equity derivatives, fixed income and rates, to commodities, energy and foreign exchange. Together they deliver world-class brokerage services to their extensive client base of institutional clients including leading investment banks, commercial banks, asset managers, hedge funds and corporations, via teams of experienced professionals working in close co-operation. Contact details: Simone Alfredo Garofalo Head of Alternative Financing Group Simon Clowes Managing Director Vantage Capital Markets HK Ltd. NewIssue@vcm.hk Tel.: +85 (0) 2 2200 5150 Disclaimer concerning prognoses This communication contains forward-looking statements Forward-looking statements are statements that are not historical facts instead they reflect the current views and expectations of Youbisheng Green Paper AG and the assumptions underlying them about future events. Forward-looking statements are subject to many risks and uncertainties. If any of such risks and uncertainties materialize or if the assumptions underlying any of the forward-looking statements of Youbisheng Green Paper AG are proving to be incorrect, the actual results of Youbisheng Green Paper AG may be materially different from those expressed or implied by such forward-looking statements. Youbisheng Green Paper AG does not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made. End of Corporate News --------------------------------------------------------------------- 15.10.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Youbisheng Green Paper AG Gustav-Heinemann-Ring 44 81739 München Germany Phone: 089 - 451 63992 Fax: 089 - 451 63993 E-mail: contact@youbisheng-greenpaper.de Internet: www.youbisheng-greenpaper.de ISIN: DE000A1KRLR0 WKN: A1KRLR Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf End of News DGAP News-Service --------------------------------------------------------------------- 188796 15.10.2012
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