Xetra/FWB: SAF-HOLLAND S.A. Bond Subscription Ends Early

The subscription period for the SAF-HOLLAND S.A. bond (ISIN: DE000A1HA979), – which is to be included in the Prime Standard for corporate bonds– was closed successfully on its very first day. The total volume of 75 million € was already able to be placed on the market by late morning on the first day of subscription. Also private investors used the signing functionality via the XETRA-signing tool. The subscription was originally supposed to run until 26 October.
 
The bond runs until April 2018 and has a coupon of 7.00 percent. Trading in the regulated market is planned to commence on 31 October 2012. As of 19 October the bond is at first tradable in the Open Market of the Frankfurt Stock Exchange.