Gebr. Sanders GmbH & Co. KG is planning to list a corporate bond in the Entry Standard of the Frankfurt Stock Exchange. The bond with the ISIN DE000A1X3MD9 can be subscribed from today until 18 October, subject to early termination of subscription. It has an issue volume of up to €22 million, runs until October 2018 and has an interest rate of 8.75 percent. Its nominal denomination is €1,000.
Trading is planned to commence on 22 October 2013. Applicant and specialist is Close Brothers Seydler Bank AG.
“We are delighted that Gebr. Sanders GmbH & Co. KG is placing a corporate bond in Frankfurt Stock Exchange's Entry Standard. The Entry Standard for corporate bonds is the ideal platform to access cost-effective financing, including for companies that are not listed on the stock exchange themselves,” said Dr Cord Gebhardt, Head of Primary Markets at Deutsche Börse.
Gebr. Sanders GmbH & Co. KG produces, develops and sells textiles for use in bedding production in Germany. According to company information, the Sanders Group looks back on a 125-year history in producing and marketing bedding from feather and down proof fabrics, including supplying these in bulk. Sanders Group's customers include furniture stores, department stores, large chain stores, mail-order firms, discounter supermarkets, bed/bedding manufacturers, hotels and retirement homes.
Investors can find information on subscription and company figures at www.boerse-frankfurt.de/anleihen.
