
Bond 2019/2024
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Bond 2019/2024
Issuer |
HÖRMANN Industries GmbH |
WKN / ISIN |
A2TSCH / NO0010851728 |
Issue volume |
€ 50,000,000 |
Interest rate | 4,500 % |
Interest payment |
annually, for the first time on 6 June 2020 |
Term |
5 years |
Minimum investment / Denomination |
€ 1,000 |
Issue / Value date |
6 June 2019 |
Issue / Redemption price |
Nominal value (100 %) |
Maturity |
6 June 2024 |
Use of proceeds |
Refinancing of the outstanding corporate bond (WKN A2AAZG), general corporate purposes (see securities prospectus) |
Corporate rating |
BB (stable), Scope Ratings GmbH |
Covenants |
Change of control, Cross default, Negative pledge, Payout restrictions, Restriction on disposal, limitation on incurring further indebtedness |
Type of security |
Bearer bond under Norwegian law |
Trustee | Nordic Trustee AS |
Stock exchange | Open Market, Frankfurt Stock Exchange Nordic ABM, Oslo Stock Exchange |
Documents |