DGAP-News

Homann Holzwerkstoffe successfully places Bond 2021/2026

DGAP-News: HOMANN HOLZWERKSTOFFE GmbH / Key word(s): Bond Homann Holzwerkstoffe successfully places Bond 2021/2026 02.03.2021 / 17:35 The issuer is solely responsible for the content of this announcement. Homann Holzwerkstoffe successfully places Bond 2021/2026

• Issue volume increased to a total of EUR 65 million due to high demand
• Coupon of 4.50% at lower end of the range due to high demand
• Issue and value date is 12 March 2021

Munich, 2 March 2021 - Homann Holzwerkstoffe GmbH, a leading European supplier of thin, refined wooden fibreboards for the furniture, doors and coatings industries, has ahead of schedule and fully placed its third Corporate Bond 2021/2026 (ISIN: DE000A3H2V19, WKN: A3H2V1) with an issue volume of EUR 65 million.

As the bond met with high interest from institutional investors, asset managers and private investors, the annual fixed coupon was set at the lower end of the range at 4.50% even before the public offering began, and the possibility to subscribe via the Frankfurt Stock Exchange ended early today, 2 March 2021, at 12:00 h. Subscription had originally been scheduled to end on 4 March. In order to enable all investors to receive a higher allocation, the issue volume in the private placement was increased from the targeted EUR 60 million to EUR 65 million.

Numerous investors in the outstanding Bond 2017/2022 (ISIN: DE000A2E4NW7, WKN: A2E4NW) want to continue sharing in the success of Homann Holzwerkstoffe. They took advantage of the exchange offer and tendered a total of around 47% of the volume, which was allocated in full. The subscriptions under the multiple purchase option were also fully accepted. All orders placed via the subscription function were fully allocated up to a volume of EUR 7,000 each. Subscription orders exceeding this amount were allocated at a rate of 20%, rounded down to the denomination of EUR 1,000 where applicable.