Press release BoxID: 625524 (PNE AG)
  • PNE AG
  • Peter-Henlein-Str. 2-4
  • 27472 Cuxhaven
  • Contact person
  • Janis Fischer
  • +49 (611) 205855-64

PNE WIND AG has topped-up its corporate bond issue to EUR 100.0 million

(PresseBox) (Cuxhaven, ) The wind farm project developer, PNE WIND AG, has successfully issued a second tranche of its 8.0% corporate bond issue 2013/2018 (WKN: A1R074 / ISIN: DE000A1R0741) to top-up its corporate bond within the scope of a private placement. Bonds with a total nominal value amounting to approx. EUR 33.7 million were subscribed by institutional investors. With this top-up, the maximum possible bond volume of EUR 100 million has now been reached. The additional bonds will be included with the existing corporate bond issue in the Regulated Market of the Frankfurt stock exchange on Thursday, September 19, 2013. With the total bond volume of EUR 100.0 million now reached, the bonds are to be included in the Prime Standard segment for company bonds.

PNE WIND AG will use the proceeds from the second tranche of the bond issue, which amounts (before costs of the emission) to approx. EUR 33.7 million, to expand its activities in offshore wind farm projects and to strengthen its portfolio of national and international onshore projects.