News Release from PNE AG
Wind Industry Profile of
PNE AG: Early closing of the offer period of the 2022/2027 bond due to high demand
At PNE AG, a leading international developer and operator of renewable energy power plants with a listing in the Prime Standard of the German Stock Exchange and soon to be a member of the SDAX, the bond has drawn great interest from both existing and new investors. Subscriptions received so far have already exceeded the target volume of euro 50 million. Due to the strong demand, the offer period for the PNE AG bond 2022/2027 (ISIN: DE000A30VJW3) will be shortened. The institutional order book will already close tomorrow, Tuesday, June 14, at 9:00 a.m. (CEST). The exchange period for existing investors ended as scheduled today, June 13, 2022 at 10:00 a.m.. In view of a grace period of 48 hours for exchange investors, the public offer via the subscription functionality of the Frankfurt Stock Exchange will therefore close on Wednesday, June 15, 2022 at 10:00 a.m. (CEST). The original subscription deadline was June 15, 2022 (14:00 CEST).
The final allocation of the new bond 2022/2027 is expected to be carried out on June 15, 2022 and subsequently published in a volume fixing announcement. A listing on the Open Market of the Frankfurt Stock Exchange (Quotation Board) is planned for June 23, 2022.
Disclaimer: This media information does not constitute an offer of securities. Information on the new corporate bond 2022/2027 and the exchange offer is contained in the securities prospectus approved by the Commission de Surveillance du Secteur Financier ("CSSF"), which has been published on the website of PNE AG (https://ir.pne-ag.com/anleihen), the Frankfurt Stock Exchange (www.boerse-frankfurt.de) and the Luxembourg Stock Exchange (www.bourse.lu) after its approval. An investment decision regarding the corporate bond 2022/2027 and the exchange offer may only be made on the basis of the approved securities prospectus. The approval of the securities prospectus by the CSSF does not constitute an endorsement of the issuer and the quality of the corporate bond.
- Source:
- PNE AG
- Author:
- Press Office
- Link:
- www.pne-ag.com/...
- Keywords:
- PNE, period, bond, demand, high demand, clsoing, offer, stock exchange, target