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The football club Gelsenkirchen-Schalke 04 e.V. is planning a corporate bond in Deutsche Börse’s Entry Standard. The bond can be subscribed from today with ISIN: DE000A1ML4T7. The FC Schalke 04 bond has an issue volume of up to €50 million with maturity in July 2019. The bond’s interest rate is 6.75 percent and the nominal denomination €1,000.
Admission to trading is planned for 11 June 2012.
“We are delighted that FC Schalke 04 has chosen Deutsche Börse’s Entry Standard for its bond issue. Bonds also provide non-listed medium-sized companies with a financing alternative, giving them flexible and cost-effective access to outside capital,” said Barbara Georg, Head of Listing & Issuer Services at Deutsche Börse.
“Football has developed into a booming industry in which volatility in the wider economy has little influence. The FC Schalke 04 corporate bond is an investment in one of the most successful and valuable football clubs in the world,” said CFO Peter Peters. “As Germany’s leading stock exchange, Frankfurt is the right platform.”
FC Schalke 04 describes its primary business areas as playing Bundesliga football matches, promoting new sporting talent and marketing the Veltins Arena. It earns the majority of its revenue from the professional team’s matches, sale of media rights, sponsoring and merchandising.
Investors can find information on subscription and company figures in German at www.boerse-frankfurt.de/ESanleihen.
