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SANHA GmbH & Co. KG is planning a corporate bond in Deutsche Börse's Entry Standard. The bond with the ISIN: DE000A1TNA70 can be subscribed from today until 31 May, subject to early termination of subscription in case of high demand. It has a volume of up to €25 million, runs until 4 June 2018 and has an interest rate of 7.75 percent. Its nominal denomination is €1,000.
Trading is planned to commence on 4 June 2013. Applicant and specialist is equinet Bank AG.
“We are delighted that SANHA GmbH & Co. KG has decided to place a corporate bond on the Frankfurt Stock Exchange. Bonds in the Entry Standard are a simple and cost-effective financing alternative, particularly for SMEs – including for companies that are not yet listed themselves on the stock exchange,” said Dr Cord Gebhardt, Head of Primary Markets at Deutsche Börse.
SANHA describes itself as one of the leading German companies for pipes and connections in the field of sanitary, heating and air conditioning installations in domestic and industrial buildings. SANHA products are used in numerous buildings in Germany, as well as all across Europe, in Russia, Asia and Australia.
