Posted by:
PNE successfully places corporate bond 2022/27
Official Press Release PNE AG:
PNE AG: Corporate bond 2022/27 with a volume of euro 55 million successfully placed
Issue volume increased to euro 55 million due to high demand / Coupon at 5.000% / Value date is expected to be June 23, 2022
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, has successfully placed its corporate bond 2022/27 (ISIN: DE000A30VJW3) with a volume of euro 55 million. The coupon was fixed at 5.000% during the subscription period. At the end of the shortened subscription period, the 2022/27 bond was heavily oversubscribed at well over euro 60 million, despite the challenging market environment. Institutional investors accounted for a large part of the demand. In addition, numerous existing investors took advantage of... ... More: Official Press Release PNE AG
- Keywords:
- PNE, stock exchange, demand, high, value date, issue volume, bond, developer, international, operator, renewable