Subscription period for corporate bond of PNE WIND AG starts

(PresseBox) ( Cuxhaven, )
The subscription period of PNE WIND AG's corporate bond will start soon. In the course of a public offering in Germany, Austria and Luxemburg interested investors can send the subscription order as of May 6, 2013 to their brokers or banks by stating the ISIN DE000A1R0741, the Frankfurt Stock Exchange as well as the desired subscription volume. Moreover, PNE WIND AG offers an attractive subscription option for retail investors: via its website www.pnewind.com retail investors will be able to subscribe for the bond as of May 4, 2013. For the first 100 subscribers via the corporate website the issuer each guarantees an allotment of up to EUR 10,000. Allotments surpassing this amount may also be possible. The subscription period ends on May 10, 2013, subject to a premature termination.

With the issuance of the corporate bond, divided into bearer bonds with a nominal value of EUR 1,000, the company plans to raise up to EUR 100 million. The bond has a 8% coupon and a term of five years with the maturity date on June 1, 2018. Interest will be paid half yearly on June 1 as well as December 1, with the initial interest payment on December 1, 2013. The rating agency Euler Hermes has rated PNE WIND AG with BBB- and thus issued an investment grade rating. On May 14, 2013, the corporate bond is expected for admission to the Regulated Market and on May 15, 2013 to trade on the Prime Standard segment for corporate bonds of the Frankfurt Stock Exchange. Institutional investors may subscribe for the bond via the consortium banks (Close Brothers Seydler Bank AG, Frankfurt / Main and M.M.Warburg & CO Kommanditgesellschaft auf Aktien, Hamburg).

PNE WIND AG plans to use the net proceeds resulting from the corporate bond to fund further growth. This includes in particular the financing of the purchase price for the acquisition of a majority stake in the WKN AG, Husum; details relating to this transaction have already been disclosed by the company in its ad hoc disclosure dated April 19, 2013. Further possibilities for the use of proceeds include the development of the onshore and offshore pipeline by the purchase of projects in Germany and abroad as well as the interim equity financing of German wind farm projects.

The prospectus approved by the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) as well as further information is available for interested investors on the company's website www.pnewind.com.

For more information about the bond please call: 0800 / 5894780 (available from May 4, 2013, 9 a.m.).
Für die oben stehenden Pressemitteilungen, das angezeigte Event bzw. das Stellenangebot sowie für das angezeigte Bild- und Tonmaterial ist allein der jeweils angegebene Herausgeber (siehe Firmeninfo bei Klick auf Bild/Meldungstitel oder Firmeninfo rechte Spalte) verantwortlich. Dieser ist in der Regel auch Urheber der Pressetexte sowie der angehängten Bild-, Ton- und Informationsmaterialien.
Die Nutzung von hier veröffentlichten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Bei Veröffentlichung senden Sie bitte ein Belegexemplar an service@pressebox.de.