DGAP-News

Homann Holzwerkstoffe GmbH issues third corporate bond 2021/2026 - Seite 3

Helmut Scheel, Managing Director and CFO of Homann Holzwerkstoffe GmbH: "In view of the positive capital market experience to date, we made a conscious decision to issue another bond. With a strong foundation consisting of stable long-term relationships with customers, suppliers, investors and banks, and above-average credit ratios, we believe we offer a solid yet attractive investment for investors with a medium-term investment horizon."

The securities prospectus is available for download at https://www.homann-holzwerkstoffe.de/en/investor-relations/ and https://www.bourse.lu .

 

About Homann Holzwerkstoffe

Headquartered in Munich, Homann Holzwerkstoffe Group is a leading supplier of thin, high-quality finished medium-density and high-density fibreboards (MDF/HDF). With production plants in Losheim am See, Germany, as well as Karlino and Krosno/Oder, Poland, the Group serves the global furniture, door and coating industries, with the main focus on the European markets. The family-owned company looks back on a long tradition and has been established on the capital market since 2012. Its 2017/2022 corporate bond (ISIN: DE000A2E4NW7; WKN: A2E4NW) is listed on the Frankfurt Stock Exchange in the Scale segment.

Key data of the Homann Holzwerkstoffe corporate bond 2021/2026

Issuer	Homann Holzwerkstoffe GmbH, Munich
Issue volume (target volume)	EUR 60,000,000
ISIN / WKN	DE000A3H2V19 / A3H2V1
Company rating	BB-/stable (Creditreform Rating AG, October 2020)
Coupon	4.50% - 5.00% p.a.
Issue price	100%
Principal amount/denomination	EUR 1,000
Interest payment	Annually, beginning on 12 September 2021
Term	5.5 years, 12 March 2021 - 12 September 2026
Redemption	Due on 12 September 2026 at principal amount (100% of principal amount)
Early redemption	Optional redemption right of the issuer, permissible after a period of three years from the date of issue as well as in other cases; further details are set out in the terms and conditions of the bond
Status	unsubordinated, unsecured
Covenants	among others restriction on distributions, maintenance of a liquidity portfolio, compliance with a level of indebtedness; further details are set out in the terms and conditions of the bond
Stock exchange segment	Open Market (Regulated Unofficial Market of the Frankfurt Stock Exchange) in the Quotation Board segment
Offer structure	Public exchange offer in the Federal Republic of Germany and the Grand Duchy of Luxembourg to holders of the existing Bond 2017/2022 including multiple purchase option and employee option