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Karlsberg Brauerei: Subscription period for new 2024/2029 bond starts today - Seite 2

In addition, the issue includes a public exchange offer to the holders of the 2020/2025 bond, which began on Friday, 5 April 2024 and ends on 22 April 2024, 18:00 CEST. For each exchanged 2020/2025 bond, holders will receive a new 2024/2029 bond, a cash settlement amount of EUR 10.00 and accrued interest. The creditors participating in the public exchange offer will also be granted a multiple purchase option.

The securities prospectus approved by the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg, and notified to the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany, is available for download at investoren.karlsberg.de in the "Anleihe 2024/2029" section and at www.luxse.com.

 

About Karlsberg Brauerei GmbH

Tradition and innovation have characterised the development history of the Karlsberg Brauerei, which was founded in 1878 and has been owner-managed ever since. With its major brands, the family brewery offers customers and consumers in the region, nationally and internationally a large product portfolio. With ECHT.BEGEISTERT.GEBRAUT, the brewery presents its well-known products, such as Karlsberg UrPils, Karlsberg Kellerbier or the alcohol-free Karlsberg Grapefruit. These not only impress consumers, but also juries at international competitions. The dynamic and young Mixery brand stands for alcoholic mixed drinks like no other brand in Germany. Bundaberg, the Australian partner brand, offers a variety of premium flavours with brewed lemonades that appeal to a young and brand-conscious target group.

 

Key terms on the Karlsberg bond 2024/2029

Issue volume:	EUR 50 million (target volume)
Exchange period:	5 to 22 April 2024, 18:00 CEST
Subscription period:	11 to 25 April 2024, 12:00 CEST, early termination possible
Subscription option:	Frankfurt Stock Exchange, via the house bank or direct bank
ISIN / WKN:	NO0013168005 / A3825C
Denomination:	EUR 1,000.00
Interest margin:	6.00% to 7.00% p. a.
Tenor:	5 years, from 7 Mai 2024
Interest payments:	Semi-annually in arrears on 7 May and 7 November, for the first time on 7 November 2024
Repayment rate:	100 %
Use of proceeds:	Refinancing of the outstanding 2020/2025 bond (ISIN: DE000A254UR5) and general corporate financing
Stock exchange segment:	Open Market of the Frankfurt Stock Exchange (Quotation Board)