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SAF-Holland S.A. is planning to issue a bond in Deutsche Börse’s Prime Standard for corporate bonds. Subscription to the bond (ISIN: DE000A1HA979) is expected to be possible until 26 October. The bond has a volume of up to €750 million, runs until 26 April 2018 and has an interest rate of 7.000 percent. Its nominal denomination is €1,000.
Trading is planned to commence on 1 November 2012. IKB Deutsche Industriebank AG, Düsseldorf, is the underwriting bank.
“SAF-Holland S.A. is already the second bond we have the pleasure of welcoming to the Prime Standard for corporate bonds, just one week after launching the segment,” said Barbara Georg, Head of Listing & Issuer Services at Deutsche Börse.
“We feel that we are in good hands in the Prime Standard for corporate bonds. Our bond is primarily aimed at institutional investors but with our private-investor friendly denomination of €1,000 we are also offering such investors an opportunity to subscribe. As an SDAX company we are able to offer our investors a high level of transparency, while also promising good tradability of our bond in this segment,” explained Wilfried Trepels, CFO of SAF-HOLLAND S.A.
With revenue of around €831 million in 2011 and more than 3,000 employees, SAF-HOLLAND S.A. is a leading manufacturer and supplier of high-quality product systems and components primarily for trailers as well as lorries, buses and camping vehicles. The company's product range includes trailer axle and suspension systems, fifth wheels for tractors, king pins and landing gear. SAF-HOLLAND sells products on six continents to original equipment manufacturers (OEMs) and in the after-market to OEM service networks as well as via a global sales and service network. Through this network, SAF-HOLLAND distributes its products to end-users and service centres. Thus, SAF-HOLLAND has established itself as one of the few manufacturers in its industry that operate internationally, offering an extensive product range and an broad service network. SAF-HOLLAND S.A. has been listed in the Prime Standard of Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange) since July 2007 and its share on the SDAX since December 2010.
Investors can find information on subscription and company figures at www.boerse-frankfurt.de/anleihen.
