PNE WIND AG: Successful placement of a EUR 50 million corporate bond
April 24, 2018 at 11:40 am EDT
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DGAP-Ad-hoc: PNE WIND AG / Key word(s): Bond
PNE WIND AG: Successful placement of a EUR 50 million corporate bond
24-Apr-2018 / 17:33 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Publication of insider information pursuant to
Article 17 of Regulation (EU) No 596/14
Successful placement of a EUR 50 million corporate bond
Cuxhaven, April 24, 2018 - After successful placement of its corporate bond 2018/2023, PNE WIND AG, Peter-Henlein-Straße 2-4, 27472 Cuxhaven, has today fixed the definitive volume at EUR 50 million. This corresponds to the target volume. The rate was already fixed yesterday, April 23, 2018, at 4.00 % p.a. and thus at the lower end of the range of 4.00% p.a. to 4.75% p.a. The bearer bonds 2018/2023 were offered by way of a public offer in the Federal Republic of Germany and the Grand Duchy of Luxembourg (including an exchange offer with an option to purchase to holders of the bond 2013/2018 running until June 1, 2018 (ISIN DE000A1R0741)). In addition the bonds were offered to institutional investors in the context of a private placement.
The new bonds 2018/2023 are expected to be included in the open market of the Frankfurt Stock Exchange on May 2, 2018. This issuance is accompanied by IKB Deutsche Industriebank AG and M.M. Warburg & CO (AG & Co.) KGaA.
PNE WIND AG
Christopher Rodler
Investor Relations
Tel: +49(0) 40 - 87933 - 114
christopher.rodler(at)pnewind.com
24-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
PNE WIND AG
Peter-Henlein-Straße 2-4
27472 Cuxhaven
Germany
Phone:
04721 / 718 - 06
Fax:
04721 / 718 - 200
E-mail:
info@pnewind.com
Internet:
http://www.pnewind.com
ISIN:
DE000A0JBPG2, DE000A1R0741, , DE000A12UMG0,
WKN:
A0JBPG, A1R074, , A12UMG,
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
PNE AG, formerly PNE Wind AG, is a Germany-based renewable energy company. The Company develops onshore and offshore wind farms. It operates through two segments. The Electricity Generation segment covers the generation of electricity from the operation of own wind farms, and the Projecting of Wind Power Turbines covers the activities from initial site exploration, approval procedure, financing, turnkey construction, operation and repowering, as well as related services. The Company operates under the brands PNE and WKN and is active through subsidiaries and joint ventures in Europe, South Africa, the United States and Canada. The Company's offshore wind farms are mainly located in the North Sea and onshore wind farms are in numerous countries in Europe, as well as in South Africa, the United States and Canada. In addition to wind energy, PNE AG pursues solutions in the areas of photovoltaic energy, electricity storage and power-to-gas technologies with a focus on hydrogen.
PNE AG 
