Boerse Stuttgart’s SME Initiative Bondm - Investor Enthusiasm Leads To Early Closure Of Third Bond Subscription In A Row - Nabaltec AG Bond Issue Met With High Level Of Demand - Many Retail Investors Keen To Subscribe To SME Bond At Issue Price

Subscription for the fifth corporate bond to be listed in Bondm, Boerse Stuttgart’s dedicated SME trading segment, started on 5 October via buy orders of investors’ banks or the issuer’s website. However, demand for the Nabaltec AG bond, which comes with a 6.5 percent coupon, was so high that by today the entire issue of EUR 30 million was fully subscribed, four days before the planned closing date.

That makes Nabaltec’s bond offer the third issue in a row to close early. Bids were scaled down and subscriptions ended at 2 p.m. on 8 October. The bonds are due to be listed in the SME segment Bondm from 12 October.

“Naturally, we are delighted by the huge level of demand for the issue. Those investors who were unable to acquire the bond during the subscription period can do so from next Tuesday onwards in our Bondm segment. We are also planning another attractive SME bond issue in the near future,” observed Sabine Traub, Head of Bond Trading at Boerse Stuttgart.