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The Platform Group AG
Capital/Financing Update • Dec 12, 2024
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Capital/Financing Update
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News Details
Ad-hoc | 11 December 2024 18:22
The Platform Group AG increases corporate bond 2024 to EUR 50 million
The Platform Group AG / Key word(s): Bond
The Platform Group AG increases corporate bond 2024 to EUR 50 million
11-Dec-2024 / 18:22 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.
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
Reinhard Hetkamp, CFO and Head of IR
Schloss Elbroich | Am Falder 4 | 40589 Düsseldorf | Germany
corporate.the-platform-group.com
End of Inside Information
11-Dec-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: | The Platform Group AG |
| Schloss Elbroich, Am Falder 4 | |
| 40589 Düsseldorf | |
| Germany | |
| E-mail: | [email protected] |
| 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 |