Homann Holzwerkstoffe GmbH decides to increase its bond 2021/2026
DGAP-Ad-hoc: HOMANN HOLZWERKSTOFFE GmbH / Key word(s): Bond Ad-hoc announcement NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER COUNTRY IN WHICH THE DISTRIBUTION OF THIS DOCUMENT IS UNLAWFUL. Homann Holzwerkstoffe GmbH decides to increase its bond 2021/2026 Munich, Germany, 10 May 2021 - The management of Homann Holzwerkstoffe GmbH today decided to increase its third corporate bond 2021/2026 (ISIN: DE000A3H2V19, WKN: A3H2V1) issued in March 2021 by way of a private placement with institutional investors. In accordance with § 11 of the bond terms and conditions, there is the option of placing a maximum of up to EUR 13 million by way of a tap issue. A target volume of EUR 60 million was originally planned for the Bond 2021/2026 with a term of 5.5 years and an annual interest rate of 4.50%. Due to the high demand, the volume was already increased to EUR 65 million at the time of issue as part of the private placement. In view of the continuing good business development in the first quarter of 2021, the additional funds from the tap are to be used as a liquidity reserve for further growth, future investments and general corporate financing. The management is expected to determine the issue volume of the bond increase by 12 May 2021, depending on market conditions. Homann Holzwerkstoffe GmbH will inform the capital market and the public about the progress of the increase. Disclaimer: This publication represents neither an offer to sell nor an invitation to buy or subscribe to securities in any jurisdiction nor a securities prospectus within the meaning of Regulation (EU) 2017/1129 as amended ("Prospectus Regulation"). The information contained herein is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions of any State of the United States of America or the District of Columbia) or publications with a general circulation in the United States of America. This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities in the United States of America. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States of America absent registration or an exemption from registration under the Securities Act. The issuer does not intend to register any bonds in the United States of America or to conduct a public offer of the securities in the United States of America. Outside Luxembourg and Germany, this publication is only addressed to and directed at persons in member states of the European Economic Area who are "Qualified Investors" within the meaning of Article 2(e) of the Prospectus Regulation ("Qualified Investors"). In addition, in the United Kingdom, this publication is being distributed only to, and is directed only at, Qualified Investors who (i) are persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), (ii) are high net worth entities falling within Articles 49(2)(a) to (d) of the Order, or (iii) other persons to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment or investment activity to which this publication relates is only available to and will only be engaged in with (i) in the United Kingdom, relevant persons, and (ii) in any member state of the European Economic Area other than the United Kingdom, Qualified Investors. Any other persons who receive this publication in the European Economic Area (other than Luxembourg and Germany) should not rely on or act upon it. This publication is not an offer of securities for sale in Canada, Japan, Australia or South Africa. Press/Investor Relations: Contact:
10-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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: | DE000A3H2V19 |
WKN: | A3H2V1 |
Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1194245 |
End of Announcement | DGAP News Service |
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1194245 10-May-2021 CET/CEST