EQS-Adhoc: publity AG plans to issue new corporate bond with a volume of up to EUR 100 million, in-terest rate of 6.25% p.a. and maturity of 5 years (publity Bond 2022/2027)
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EQS-Ad-hoc: publity AG / Key word(s): Bond/Miscellaneous Publication of inside information pursuant to Article 17 of the Regulation (EU) THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, TO, WITHIN OR FROM THE UNITED STATES OF AMERICA OR ANY OTHER COUNTRY WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD BE CONTRARY TO THE LAWS OF THAT COUNTRY.
Frankfurt/Main, 07.10.2022 – The Executive Board of publity AG (Scale, ISIN DE0006972508, "publity") has today resolved to issue a new non-subordinated and non-collateralised corporate bond with a total nominal amount of up to EUR 100 million, divided into 100,000 bearer bonds with equal rights and a nominal amount of EUR 1,000.00 each, with an expected final maturity on 19 December 2027 (the "publity bond 2022/2027"). The coupon rate is expected to amount to 5.5% p.a. The approval of the Supervisory Board is still pending. The issue is to be made by way of a public offering in Germany and in the Grand Duchy of Luxembourg on the basis of a securities prospectus to be approved by the Luxembourg securities supervisory authority Commission de Surveillance du Secteur Financier (CSSF). In addition, the bonds are to be offered for sale to selected investors in a private placement in Germany and other selected European jurisdictions. futurum bank AG was mandated by the bank to support the issue of the publity bond 2022/2027. The issue proceeds are to be used to finance the further growth and development of the publity group of companies, primarily for the acquisition of further real estate properties in Germany and equity investments. The prospectus applicable to the public offering of the publity 2022/2027 Bonds will be available on the publity website (www.publity.org/en/) under the section "Investor Relations" after its approval by the CSSF. In this context, the following notes in the "Disclaimer" section are to be observed. In order to align publity's financing structure with the company's growth course, also with regard to the maturities and interest rate of the planned new publity bond 2022/2027 and the already issued publity bond 2020/2025, the Executive Board of publity also decided today, with the reservation of the approval of the Supervisory Board and against the background of the issuance of the publity Bond 2022/2027, to hold a ballot without an assembly of the creditors of the publity Bond 2020/2025 and to resolve, among other things, to extend the term of the publity Bond 2020/2025 until the expected final maturity date of the planned publity Bond 2022/2027 and to set the interest rate to 6.25% per annum as from 19 June 2023. The current major creditor of the publity bond 2020/2025, Neon Equity AG (formerly TO-Holding GmbH), which holds bonds of the publity bond 2020/2025 with a nominal value of almost EUR 60 million, has indicated to publity that it is favourably disposed towards such a resolution. The ballot without an assembly is to be held from 26 October 2022 to 28 October 2022. Information and Explanation of the Issuer to this announcement: Disclaimer This publication does not constitute an offer. In particular, it does not constitute a public offer to sell or an offer or a solicitation of an offer to purchase, purchase or subscribe for any bonds, shares or other securities. The offer by publity AG is governed exclusively by the securities prospectus to be approved by the Commission de Surveillance du Secteur Financier (CSSF) and is expected to be published in December 2022 on the website of publity AG (www.publity.de) in the 'Investor Relations' section. Only the securities prospectus will contain the information for investors required by law. Investors are recommended to read the securities prospectus to be examined by the CSSF for completeness, coherence and comprehensibility, as it is expected to be available from December 2022 on the website of publity AG (www.publity.de) under the section 'Investor Relations' before deciding to buy or sell bonds or shares of publity AG in order to fully understand the potential risks and opportunities of the investment decision, and to make an investment decision only on the basis of all available information about the Company after consulting with its own lawyers, tax and/or financial advisors. It should be noted that approval of the Prospectus by the CSSF is not to be construed as an endorsement of the relevant securities. A public offer of the securities mentioned in this publication is being made exclusively on the basis of and in accordance with the securities prospectus and only in the Federal Republic of Germany and the Grand Duchy of Luxembourg. In particular, neither a public offering nor a solicitation of an offer to purchase securities in the United States of America, Japan, Canada, New Zealand or Australia will be made. The securities mentioned in this publication have not been and will not be registered under the United States Securities Act of 1933 (the 'Securities Act') or the securities laws of any state of the United States of America and may not be admitted to trading in or into the United States of America or into or on behalf of or for the account or benefit of a U.S. person or entity.The securities may not be offered, offered, sold, pledged, transferred or delivered (directly or indirectly) to, or for the account or benefit of, any person (as such term is defined in Regulation S under the Securities Act) absent registration or an exemption from, or pursuant to an exemption from, the registration requirements of the Securities Act or a transaction not subject to the registration requirements of the Securities Act and in any event in accordance with the securities laws of any state of the United States. This publication may contain future-oriented statements. Future-oriented statements are all statements that do not refer to historical facts or events. This applies in particular to statements about the intentions, beliefs or current expectations of the Company with respect to its future financial performance, plans, liquidity, prospects, growth, strategy and profitability as well as the economic environment in which the company operates. The future-oriented statements are based on current estimates and assumptions made by the company to the best of its knowledge. However, such forward-looking statements are subject to risks and uncertainties because they relate to future events and are based on assumptions that may not occur in the future. The company is not obliged to update or modify the future-oriented statements contained in this publication to reflect events or circumstances occurring after the date of this publication, unless they contain insider information subject to publication requirements.
07-Oct-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | publity AG |
| Opernturm, Bockenheimer Landstraße 2-4 | |
| 60306 Frankfurt am Main | |
| Germany | |
| Phone: | 0341 26178710 |
| Fax: | 0341 2617832 |
| E-mail: | [email protected] |
| Internet: | www.publity.de |
| ISIN: | DE0006972508, DE000A169GM5 |
| WKN: | 697250, A169GM |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1459165 |
| End of Announcement | EQS News Service |
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1459165 07-Oct-2022 CET/CEST
