DGAP-News

ACTAQUA AG resolves to issue a green bond of up to EUR 15 million to finance further growth

DGAP-News: ACTAQUA AG / Key word(s): Issue of Debt ACTAQUA AG resolves to issue a green bond of up to EUR 15 million to finance further growth 12.05.2022 / 12:54 The issuer is solely responsible for the content of this announcement. NOT FOR DISTRIBUTION, PUBLICATION OR RETRANSMISSION IN OR INTO THE UNITED STATES, AUSTRALIA, JAPAN OR CANADA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS COMMUNICATION.

ACTAQUA AG resolves to issue a green bond of up to EUR 15 million to finance further growth

- ACTAQUA sees itself as a first mover and innovation leader for intelligent building technology through the use of advanced technologies such as cloud connectivity with artificial intelligence to optimize water-bearing systems.

- The PAUL platform solution enables energy efficiency to be increased and thus CO₂ emissions to be reduced in existing properties and helps ensure drinking water quality.

- ACTAQUA continues its profitable growth in 2021 with an increase in total operating performance^[1] of 152% yoy and an EBITDA margin of 55.7%.

- Service and maintenance contracts with standard 10-year terms enable high predictability of cash flows and long-term customer loyalty.

- Customer base with blue chip customers in the real estate industry, an addressable billion-euro market and scalability of the platform offer ACTAQUA excellent growth prospects.

- Use of funds from the issue to pre-finance the development, material and installation costs, as well as the commissioning and maintenance of the respective projects to increase the energy efficiency of water-bearing systems and ensure quality of drinking water.

- Planned bond 2022/2027 in compliance with the Green Bond Principles and certified as a “green bond” by second party opinion of imug rating.

- Annual interest rate of the bond is 7.00% and maturity is 5 years from June 9, 2022.

- Subscription of the bond possible from May 23, 2022, until presumably June 7, 2022, as part of the public offering via the subscription functionality “DirectPlace” of Deutsche Börse AG and as part of a private placement via Quirin Privatbank AG.