EQS-News

Karlsberg Brauerei: New 2024/2029 bond successfully placed

EQS-News: Karlsberg Brauerei GmbH / Key word(s): Issue of Debt/Bond Karlsberg Brauerei: New 2024/2029 bond successfully placed 19.04.2024 / 14:16 CET/CEST The issuer is solely responsible for the content of this announcement. Karlsberg Brauerei: New 2024/2029 bond successfully placed

• Issue volume increased to a total of EUR 55 million due to high demand
• Bond 2020/2025 to be cancelled and repaid shortly

Homburg, 19 April 2024 - Karlsberg Brauerei GmbH has successfully placed its fourth corporate bond (ISIN: NO0013168005, WKN: A3825C). The new 2024/2029 bond met with great interest from both private and institutional investors in Germany and abroad and was significantly oversubscribed. Accordingly, the issue volume was increased by EUR 5 million to a total volume of EUR 55 million as part of the private placement and the annual interest rate was set at 6.00% p.a. at the lower end of the range.

The offer by Karlsberg Brauerei GmbH was divided into three parts, consisting of an exchange offer for the holders of the 2020/2025 bond including a multiple purchase option, a public offer via the subscription functionality of Deutsche Börse and a private placement.

Around 46% of the existing 2020/2025 bond was tendered for exchange. Despite the more than significant oversubscription, almost half of the volume submitted for exchange was allocated. However, subscriptions in accordance with the multiple purchase option could not be taken into account. All orders of up to EUR 9,000 placed via Deutsche Börse's subscription functionality were allocated EUR 1,000, while subscriptions of EUR 10,000 or more were allocated EUR 2,000 each.

The issue and value date is 2 May 2024, the date on which the 2024/2029 bond will be regularly included in the Open Market of the Frankfurt Stock Exchange (Quotation Board segment). Trading on terms of issue on the Quotation Board of the Frankfurt Stock Exchange is expected to be possible from 22 April 2024. In addition, the bonds are expected to be included in the Nordic ABM of the Oslo Stock Exchange within six months of the issue date.