EQS-News

hep solar projects GmbH issues 8% Green Bond 2023/2028 with a volume of up to EUR 30 million

EQS-News: hep global GmbH / Key word(s): Issue of Debt hep solar projects GmbH issues 8% Green Bond 2023/2028 with a volume of up to EUR 30 million 06.10.2023 / 11:00 CET/CEST The issuer is solely responsible for the content of this announcement. hep solar projects GmbH issues 8% Green Bond 2023/2028 with a volume of up to EUR 30 million Güglingen, 6 October 2023 – hep solar projects GmbH, a wholly owned subsidiary of the Baden-Württemberg-based specialist for solar parks and solar investments hep global GmbH, has decided to issue a corporate bond (ISIN: DE000A351488) with a total volume of up to EUR 30 million. The security, which is qualified as Green Bond by imug rating in accordance with the Green Bond Principles 2021 of the International Capital Market Association, carries an interest rate of 8% p.a. over its five-year term.

Interested investors can subscribe to the hep Green Bond 2023/2028 as part of the public offering in Germany, Austria and Luxembourg from 6 October 2023 via the issuer’s website at www.hep.global/green-bond-2023 and via selected sales partners. The issue is managed by Lewisfield Deutschland GmbH as Financial Advisor.

The focus of the use of funds is the financing of the development of photovoltaic projects by the hep global group in the European region, in the United States, in Canada and in Japan. Specific measures include the acquisition of projects and project rights, services in the various phases of project development, down payments of components for solar parks, and securities for grid connections or power purchase agreements. Financing is provided through loans, which the issuer grants exclusively within the hep global Group. The term is usually up to approx. 3 years and the interest rate is always more than 8% p.a.

The securities prospectus approved by the Commission de Surveillance du Secteur Financier (“CSSF”) in Luxembourg and notified to the Federal Financial Supervisory Authority (“BaFin”) in Germany and the Austrian Financial Market Authority (“FMA”) is available on the website of hep solar projects GmbH (www.hep.global/green-bond-2023).

The hep Green Bond 2023/2028 is expected to be included in trading on the Open Market of Deutsche Börse AG (“Freiverkehr” of the Frankfurt Stock Exchange) on 29 March 2024.