EQS-News: Mutares places second tap issue of its bond issued in March 2023 with a volume of EUR 100 million and strengthens basis for further development
Munich, January 19, 2024 – Today, Mutares SE & Co. KGaA (ISIN: DE000A2NB650) ("Mutares") has decided to increase its EUR 100 million bond issued in March 2023 with maturity on 31 March 2027 (ISIN: NO0012530965) and tapped by EUR 50 million in May 2023 ("Bond") through an optional Tap Issue by an amount of EUR 100 million ("Tap Issue").
- Munich, January 19, 2024 – Today, Mutares SE & Co. KGaA (ISIN: DE000A2NB650) ("Mutares") has decided to increase its EUR 100 million bond issued in March 2023 with maturity on 31 March 2027 (ISIN: NO0012530965) and tapped by EUR 50 million in May 2023 ("Bond") through an optional Tap Issue by an amount of EUR 100 million ("Tap Issue").
- The Management Board of Mutares had decided to further increase the bond, given the opportunities on the buy-side and optimal market conditions.
- The strategic move is based on Mutares' excellent positioning with a very robust and attractive pipeline in all regions.
- The net proceeds from the tap issue will enable Mutares to take maximum advantage of the opportunities that arise on the buy-side.