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Nordwest Industrie Group GmbH
ISIN: DE000A2TSDK9
WKN: -
Nordwest Industrie Group GmbH · ISIN: DE000A2TSDK9 · Newswire (adhoc)
Land: Deutschland · Primärmarkt: Deutschland · EQS NID: 2004631
09 Oktober 2024 07:30AM

Intended early redemption of the 2019/2025 notes following a planned bond issue by Nordwest Industrie Finance GmbH


EQS-Ad-hoc: Nordwest Industrie Group GmbH / Key word(s): Bond/Miscellaneous
Nordwest Industrie Group GmbH: Intended early redemption of the 2019/2025 notes following a planned bond issue by Nordwest Industrie Finance GmbH

09-Oct-2024 / 07:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of inside information pursuant to Article 17 of the Regulation (EU) No 596/2014

NOT FOR DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION OR PUBLICATION MAY BE UNLAWFUL

Nordwest Industrie Group GmbH: Intended early redemption of the 2019/2025 notes following a planned bond issue by Nordwest Industrie Finance GmbH

Frankfurt am Main, 9 October 2024 – Today, the management of Nordwest Industrie Group GmbH (the “Company”, and together with its subsidiaries, the “NWI Group”) resolved that, following a planned issue of a new bond by its subsidiary Nordwest Industrie Finance GmbH (“NWI Finance”), it will call the notes issued by the Company in 2019 with an aggregate principal amount of EUR 15 million and maturity on 17 April 2025 (ISIN DE0002TSDK9, the “2019/2025 Notes”) and redeem them early at 100.50% of their principal amount plus accrued interest in accordance with the terms and conditions of the 2019/2025 Notes. The marketing of the new bond in Nordic Bond format (the “Nordic Bond”) by way of a private placement starts today and will be accompanied by Pareto Securities AS, Frankfurt Branch as lead manager. The early redemption of the 2019/2025 Notes by the Company is subject to a successful placement of the Nordic Bond by NWI Finance. The date of early redemption of the 2019/2025 Notes will be set and announced by the Company in due course in accordance with the terms and conditions of the 2019/2025 Notes.

The Nordic Bond offered by NWI Finance with a denomination of EUR 1,000 has a tenor of four years, will bear a floating interest rate, be senior secured and governed by Norwegian law. The minimum investment amount is EUR 100,000 per investor.

The planned Nordic Bond issue is part of a financing package with a total volume of approx. EUR 100 million envisaged by NWI Finance, which also includes a syndicated loan financing and is intended to be used primarily to repay or refinance various financial liabilities of the NWI Group, including the Company’s 2019/2025 Notes.

Investor Relations

Michael Meißner

Phone: +49 (0) 2261 84453

mmeissner@nwi-group.de

Important Notice

This announcement is made solely for the purpose of complying with applicable disclosure requirements and does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities of Nordwest Industrie Group GmbH or Nordwest Industrie Finance GmbH.

No public offer is being made in connection with the planned bond issue of Nordwest Industrie Finance GmbH referred to in this announcement.

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (“Securities Act”), or with any securities regulatory authority of any state of the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act.



End of Inside Information

09-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Nordwest Industrie Group GmbH
Bleichstraße 1
60313 Frankfurt am Main
Germany
Phone: +49 69 583 023 388
E-mail: info@nwi-group.de
Internet: https://nwi-group.de/
ISIN: DE000A2TSDK9
WKN: A2TSDK
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2004631

 
End of Announcement EQS News Service

2004631  09-Oct-2024 CET/CEST

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