EQS-News: Karlsberg Brauerei GmbH issues new corporate bond and plans early refinancing of the 2020/2025 bond
Exchange offer for holders of the 2020/2025 bond starts on Friday, 5 April 2024
- Exchange offer for holders of the 2020/2025 bond starts on Friday, 5 April 2024
Homburg, 3 April 2024 - Karlsberg Brauerei GmbH is issuing a new corporate bond and plans to apply the proceeds to refinance its existing 2020/2025 bond ahead of schedule. - The corresponding securities prospectus was approved today by the Luxembourg Financial Market Authority Commission de Surveillance du Secteur Financier (CSSF).
- The new corporate bond 2024/2029 under Norwegian law (ISIN: NO0013168005, WKN: A3825C) has a target volume of EUR 50 million and a tenor of five years.
- For each exchanged 2020/2025 bond, holders will receive a new 2024/2029 bond, a cash settlement amount of EUR 10.00 and accrued interest.