Karlsberg Brauerei GmbH Plans Bond in Entry Standard

Kimberly Watson, Editor in Chief
September 11, 2012 /

Karlsberg Brauerei GmbH is planning a corporate bond in Deutsche Börse’s Entry Standard.

The bond, which has the ISIN DE000A1REWV2, can be subscribed until 21 September. It has a volume of up to €30 million, runs until September 2017 and has an interest rate of 7.375 percent. The nominal denomination is €1000.

Trading is planned to commence on 24 September 2012. ICF Kursmakler AG is the specialist.

“The Karlsberg Brauerei GmbH bond will be the ninth corporate bond this year to join the Entry Standard,” said Barbara Georg, Head of Listing & Issuer Services at Deutsche Börse. “Bonds in the Entry Standard are a good financing alternative particularly for SMEs because in this segment Deutsche Börse welcomes companies of all sectors, sizes and bond volumes.”

Karlsberg Brauerei said it will use the proceeds for targeted investments in the sustainable development of the company and its product portfolio.

As one of Germany’s largest family-owned brewery groups, Karlsberg Brauerei GmbH’s main areas of activity are in the development, production and sale of a wide range of alcoholic and non-alcoholic beverages, particularly beers, beer-based mixed drinks and alcohol-free beers.

 

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