DGAP-News

hep global GmbH: successful full placement of the 6.5% Green Bond 2021/2026 in the volume of EUR 25 million

DGAP-News: hep global GmbH / Key word(s): Issue of Debt hep global GmbH: successful full placement of the 6.5% Green Bond 2021/2026 in the volume of EUR 25 million 18.05.2021 / 09:00 The issuer is solely responsible for the content of this announcement. hep global GmbH: successful full placement of the 6.5% Green Bond 2021/2026 in the volume of EUR 25 million

Güglingen, 18 May 2021 - hep global GmbH, an international specialist for the development, realization and operational management of photovoltaic projects as well as investment manager for solar funds through subsidiaries, has successfully completed the public offering for its 6.5% Green Bond 2021/2026 (ISIN: DE000A3H3JV5). With EUR 25 million, the maximum issue volume was fully placed with institutional and private investors. Thereof, EUR 3.677 million were subscribed via the subscription functionality "DirectPlace" of Deutsche Börse AG, which were fully allocated.

The company will use the issue proceeds to finance additional growth. To this end, around 75% of the funds are intended for financing the acquisition of future photovoltaic projects in the early stage and active development phase, and around 25% as working capital for the development and expansion of hep. The successful issue was accompanied by Lewisfield Deutschland GmbH as financial advisor and Quirin Privatbank AG as bookrunner.

"We are very pleased with the high demand from investors for our Green Bond. We regard the successful full placement as a strong vote of confidence in our business model and our growth strategy. For this, we would like to express our sincere thanks. We would also like to thank our partners, who supported us with our debut bond, and especially our staff, who contribute significantly to the fact that hep has excellent foundations for further sustainable growth," explains Christian Hamann, founder and CEO of hep global GmbH.

Key data of the Green Bond 2021/2026

Issuer	hep global GmbH
Financial instrument	Green Bond (classified by imug/SPO)
Issue volume	Up to EUR 25 million
Placed volume	EUR 25 million
ISIN / WKN	DE000A3H3JV5 / A3H3JV
Coupon	6.5% p.a.
Issue price	100%
Denomination	EUR 1,000
Value date	18 May 2021
Term	5 years: 18 May 2021 to 18 May 2026 (exclusive)
Interest payment	Semi-annually, in arrears on 18 November and 18 May of each year (for the first time in 2021)
Redemption date	18 May 2026
Redemption price	100%
Status	Unsubordinated, unsecured
Special termination rights of the Issuer	From 19 May 2024 at 102% of the nominal amount From 19 May 2025 at 101% of the nominal amount
Termination rights of bondholders and covenants	Change of control Cross default Negative pledge Prohibition of distributions up to EUR 5.5 million in equity in 2021, up to EUR 11 million in equity in 2022 and up to EUR 15 million in equity from 2023 Distribution limitation to 50% of the amount exceeding the respectively applicable equity threshold Violation of the retention agreement for shareholder loans Transparency obligation Positive pledge
Applicable law	German law
Prospectus	EU Growth prospectus approved by the Commission de Surveillance du Secteur ("CSSF") in Luxembourg with notification to the Federal Financial Supervisory Authority ("BaFin") in Germany and the Austrian Financial Market Authority ("FMA") The approval of the prospectus shall not be construed as an endorsement of the securities offered.
Stock exchange segment	Open Market of Deutsche Börse AG ("Freiverkehr" of Frankfurt Stock Exchange)
Financial advisor	Lewisfield Deutschland GmbH
Bookrunner	Quirin Privatbank AG