René Lezard is issuing a corporate bond in Deutsche Börse’s Entry Standard. Subscription to the bond (ISIN: DE000A1PGQR1) is expected to be possible until 23 November. The bond has a volume of up to €15 million, runs until November 2017 and has an interest rate of 7.25 percent. Its nominal denomination is €1,000.
Trading is planned to commence on 26 November 2012. Schnigge Wertpapierhandelsbank AG is the specialist.
“We are delighted that the René Lezard bond will soon be tradable as the 23rd company in the Entry Standard for bonds. The Entry Standard for bonds also offers non-listed companies a straightforward opportunity to raise debt capital via the stock exchange,” said Barbara Georg, Head of the Listing & Issuer Services section at Deutsche Börse.
“Over our nearly 35-year history, we have developed into an internationally well recognised and successful fashion group in the premium segment. Our growth ambitions in Germany and abroad have convinced us from the very beginning that the Frankfurt Stock Exchange is the right partner on our road to the capital market. And our experience with Deutsche Börse has confirmed this,” said Heinz Hackl, Partner at René Lezard.
According to information from the company, René Lezard is an exclusive fashion brand for men and women in the premium segment.
Investors can find information on subscription and company figures at www.boerse-frankfurt.de/anleihen.
