EQS-Adhoc

DEAG Deutsche Entertainment Aktiengesellschaft: DEAG announces bond issue of up to EUR 50 million to finance further growth and refinance the Corporate Bond 2018/2023

EQS-Ad-hoc: DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Issue of Debt DEAG Deutsche Entertainment Aktiengesellschaft: DEAG announces bond issue of up to EUR 50 million to finance further growth and refinance the Corporate Bond 2018/2023 06-Jun-2023 / 09:50 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Publication of insider information pursuant to Article 17 of Regulation (EU) No. 596/2014

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DEAG announces bond issue of up to EUR 50 million to finance further growth and refinance the Corporate Bond 2018/2023

 

• Book building span: 7.50 – 8.50% p.a.
• Exchange offer for the Corporate Bond 2018/2023: 7 June 2023 until most likely 23 June 2023
• Cash premium and reimbursement of accrued interest on the 2018/2023 Corporate Bond upon exchange
• Subscription period: 19 June 2023 to most likely 27 June 2023
• Intention to terminate the 2018/2023 bonds

Berlin, 6 June 2023 – The Executive Board of DEAG Deutsche Entertainment Aktiengesellschaft (“DEAG”) resolved today, with the consent of the Supervisory Board, to issue a Corporate Bond in the amount of up to EUR 50 million (ISIN NO0012487596) (the “Bonds 2023/2026” or the “Bonds”).

The Bonds 2023/2026 in a nominal amount of EUR 1,000.00 each may be subscribed to during the offering period from 19 June 2023 until most likely 27 June 2023 (12:00 noon (CET)) via the subscription functionality “Direct Place” of Deutsche Börse AG.

The Bond will also be offered to institutional investors in Germany and Luxembourg as well as in selected European and other countries by way of a private placement.