EQS-News

DEAG Deutsche Entertainment Aktiengesellschaft: Corporate Bond 2023/2026 with a volume of EUR 50 million successfully placed in full – issuance significantly oversubscribed - Seite 2

“DEAG’s operational strength, its strategy and our company’s positive prospects have convinced investors. I am extremely satisfied with the success of the bond placement, for which national and international demand was extremely high. We will continue our growth course And I am convinced that we will soon be welcoming new companies to the DEAG family, opening up more new markets and thus further expanding our strong market position in Europe,” said Prof. Peter L.H. Schwenkow, CEO of DEAG.

“We would like to thank all investors for the confidence they have shown in DEAG. The response from Germany and abroad was equally high. This bond offers investors an attractive investment opportunity and at the same time secures an attractive financing instrument for DEAG as part of our capital mix to finance additional growth in the years ahead,” added Roman Velke, CFO of DEAG.

All subscription orders submitted in the course of the public offering via Deutsche Börse’s Direct Place platform have been allocated in full up to a volume of EUR 5,000 per order, and 25% for order volumes above this up to a maximum volume of EUR 25,000, rounded to whole bonds in each case.

The DEAG Corporate Bond has a term of three years. The issuance of the bond was accompanied by IKB Deutsche Industriebank AG and Pareto Securities AS, Frankfurt Branch, as Joint Lead Managers.

The inclusion of the bond in stock exchange trading on the Open Market of Deutsche Börse AG is scheduled for 12 July 2023. It is planned that trading will commence on 27 June 2023. Inclusion in the Nordic ABM, a self-regulated marketplace organised and operated by the Oslo Stock Exchange, will be obtained within six months after issuance of the bond.

About DEAG

DEAG Deutsche Entertainment Aktiengesellschaft (DEAG), a leading entertainment service company and live entertainment provider, produces and promotes live events of all genres and sizes in Europe. With its group companies, DEAG has been present at 20 locations in its core markets of Germany, Great Britain, Switzerland, Ireland and Denmark. As a live entertainment service provider with an integrated business model, DEAG has extensive expertise in the conception, organisation, promotion and production of events.