Ekosem-Agrar successfully issues corporate bond

Ekosem-Agrar successfully issues corporate bond

26 November 2012 Corporate News

  • EUR 60 million issue placed in less than three hours
  • When-issued trading on 27 November 2012

Walldorf, 26 November 2012 – Ekosem-Agrar GmbH has successfully placed its EUR 60 million 6-year corporate bond (WKN: A1R0RZ / ISIN: DE000A1R0RZ5). The bond will be admitted to trading in the Bondm segment of the Stuttgart Stock Exchange already tomorrow, Tuesday, 27 November 2012 (when-issued trading). The value date of the issue remains unchanged at 7 December 2012.

Due to the very high demand for the agricultural bond II, subscription was closed early after less than three hours on the first day of subscription. At this time, the bond, which carries a coupon of 8.5%, was already heavily oversubscribed. Details of the allocation will be published in the course of today.

“We are very pleased about the great interest and thank all investors for the confidence placed in us,” said Stefan Dürr, Managing Director and main shareholder of Ekosem-Agrar GmbH. “We will use the proceeds to further improve our financing structure, buy land and continue our successful growth in the Russian dairy sector.“

FION GmbH acted as Bondm coach in the issue, while equinet Bank AG served as lead manager and bookrunner and IR.on AG took up the role of communication and marketing consultant.

Disclaimer:
This information does not constitute an offer to buy securities of Ekosem-Agrar GmbH and should not be regarded as a substitute for a securities prospectus. Any investment decision regarding the bond issued by Ekosem-Agrar GmbH must be based exclusively on the securities prospectus approved by the Federal Financial Supervisory Authority, which can be found at www.ekosem-agrar.de.