Deutsche Rohstoff AG is launching a corporate bond in the Entry Standard of the Frankfurt Stock Exchange. The bond with the ISIN DE000A1R07G4 can be subscribed from today until 9 July, subject to early termination of subscription. It has a volume of up to €100 million, runs until 11 July 2018 and has an interest rate of 8.0 percent. Its nominal denomination is €1,000.
Trading is planned to commence on 11 July 2013. Applicant and specialist is ICF Kursmakler AG.
“We are delighted that Deutsche Rohstoff AG 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,” said Dr Cord Gebhardt, Head of Primary Markets at Deutsche Börse.
According to company sources, Deutsche Rohstoff AG is establishing a new commodity producer. The company focus is on oil and gas, and metals, particularly high-tech metals such as wolfram, tin and rare earths. All projects are operated in politically stable countries with a focus on Germany. The business model is based on the (re)development of deposits well explored in the past. Production first started in January 2011.
