Singulus Technologies AG is planning to issue a corporate bond in Deutsche Börse’s Entry Standard. The bond can be subscribed from today with ISIN DE000A1MASJ4. The Singulus bond has a volume of up to €60 million, matures in March 2017 and has an interest rate of 7.75 percent. The nominal denomination is €1.000.
Trading is planned to commence on 23 March 2012.
“The Singulus bond will be the twelfth bond to join the Entry Standard,” said Barbara Georg, Head of Listing & Issuer Services at Deutsche Börse. “Bonds provide SMEs with flexible and cost-effective access to outside capital. Investors can subscribe easily through their own local or online bank, without paying any exchange fees.”
Dr.-Ing. Stefan Rinck, Chairman of the Executive Board of Singulus Technologies AG said “We possess proven know-how in the manufacturing of machines for the vacuum coating of various materials. We intend to make use of this know-how in the future to develop additional application areas. Hence, we are currently reviewing several opportunities which also include an acquisition.”
Singulus Technologies AG is listed on the Prime Standard of the Frankfurt Stock Exchange and is a member of the TecDAX. According to company information, it is estimated that approximately half of all CDs and DVDs as well as more than one third of all Blu-ray Discs worldwide were produced on a Singulus Technologies machine.
