Press release BoxID: 625329 (PNE AG)
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  • Janis Fischer
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PNE WIND AG tops-up its corporate bond issue by up to EUR 33.6 million

(PresseBox) (Cuxhaven, ) The Board of Directors and the Supervisory Board of PNE WIND AG have resolved to top-up the 8.0% corporate bond issue 2013/2018 (WKN: A1R074/ISIN: DE000A1R0741) dated May 2013 by issuing up to 33,662 additional bonds valued at a total nominal value of up to EUR 33,662,000.00. The bonds will be offered today from 8:00 o'clock within the framework of a private placement. Close Brothers Seydler Bank AG, Frankfurt am Main will sponsor the top-up bond issue.

The corporate bond issue, which is divided into individual bonds with a nominal value of EUR 1,000.00 each, has a term extending from May 14, 2013 until June 1, 2018 with an 8.0 % p.a. coupon.

PNE WIND AG intends to use the proceeds from the second tranche of its corporate bond issue to expand its offshore wind farm activities and to strengthen its portfolio of national and international onshore projects