The subscription volume of EUR 100 million for the most recent bond issue from Air Berlin PLC was already reached on the third subscription day. The subscription period for the bond issue, which has a coupon of 11.5 percent and matures in three years, closed on Friday the 28th at 11.30 hours CET. Private and institutional investors had the opportunity to subscribe to the airline's new bond issue bond from 26 October 2011.
Air Berlin PLC is the twelfth corporate bond to be admitted to Boerse Stuttgart's Bondm trading segment this year. Now that the subscription period has ended early, investors can trade their bonds (ISIN DE000AB100C2) at the Stuttgart Stock Exchange from 31 October 2011. The bond issue is denominated in nominal units of EUR 1,000.
Since the launch of Bondm in May 2010 Boerse Stuttgart has admitted corporate bonds with a total volume of more than EUR 1.4 billion to the segment for medium-sized enterprises. Further information on the Bondm trading segment and an overview of the corporate bonds traded there can be found at www.boerse-stuttgart.de/bondm.