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Dec 11, 2024 6:22 PM
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The Platform Group AG / Key word(s): Bond The Platform Group AG increases corporate bond 2024 to EUR 50 million Düsseldorf, 11 December 2024. The Platform Group AG has successfully increased the volume of its corporate bond 2024/2028 (ISIN NO0013256834), issued in July 2024 under Norwegian law, by EUR 20 million to EUR 50 million. The additional notes issued as part of the increase were placed today in a private placement with institutional investors. The transaction was significantly oversubscribed, and the placement was therefore closed early after one day. The transaction was accompanied by Pareto Securities AS, Frankfurt Branch as Lead Manager. The net proceeds from the issue are intended to finance further corporate acquisitions (see ad hoc announcement of December 10, 2024: "The Platform Group AG publishes investment plan 2025 and considers bond increase "). The 2024/2028 corporate bond has a maturity date of 11 July 2028 and bears an annual interest rate of 8.875%.
Contact: Investor Relations End of Inside Information
11-Dec-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | The Platform Group AG |
| Schloss Elbroich, Am Falder 4 | |
| 40589 Düsseldorf | |
| Germany | |
| E-mail: | ir@the-platform-group.com |
| Internet: | https://the-platform-group.com/ |
| ISIN: | DE000A2QEFA1 |
| WKN: | A2QEFA |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2049379 |
| End of Announcement | EQS News Service |
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2049379 11-Dec-2024 CET/CEST