A new bond issued by Hörmann Finance GmbH (ISIN: DE000A2AAZG8) has been tradable in the Entry Standard of the Frankfurt Stock Exchange since today.
The bond was able to be completely placed on the first day of the subscription. Originally the drawing period was meant to have run from 15 to 17 November. The issue volume is being used for the early redemption of the outstanding bond 2013/2018 (ISIN: DE000A1YCRD0).
The new bond has an issue volume of 30 million euros. The maturity is five years, the interest rate 4.50 percent. The nominal denomination is €1,000. The issuance was accompanied by IKB Deutsche Industriebank AG and equinet Bank AG.
According to information provided by the company, the technology specialist Hörmann Finance GmbH is responsible for more than 15 subsidiaries in the three business segments automotive, engineering and service communication. In the 2015 financial year, the company generated sales of around 435 million euros with 2,283 employees and an EBIT of 11.9 million euros.
Investors can find information and key figures of the company at en.boerse-frankfurt.de/bonds.
