Jacob Stauder GmbH & Co. KG is issuing a corporate bond in Deutsche Börse's Entry Standard. Subscription to the bond (ISIN: DE000A1RE7P2) is expected to be possible until 21 November. The bond has a volume of up to €10 million, runs until November 2017 and has an interest rate of 7.5 percent. Its nominal denomination is €1,000.
Co-applicant and specialist is Close Brothers Seydler AG.
“We are delighted that Jacob Stauder GmbH & Co. KG has opted to issue a bond in the Entry Standard,” said Barbara Georg, Head of Listing & Issuer Services at Deutsche Börse. “Entry Standard bonds are particularly ideal for small and medium-sized companies to help them meet their financing requirements – even if these companies are not yet listed on the stock exchange themselves.”
According to information from the company, Jacob Stauder GmbH & Co. KG is a traditional, family-run brewery group based in Essen. It develops, produces and sells various types of beer, beer-soft drink mixes and soft drinks. The Stauder Group, which includes the “Stauder”, “Stern”, “tut gut” and “Borbecker” brands, has a company history dating back almost 150 years. The Group's key customers include food and beverage retailers, garages and newsagents in North Rhine-Westphalia, primarily in the central Ruhr area (Essen, Mülheim an der Ruhr, Oberhausen, Bottrop, Gladbeck, Gelsenkirchen and Bochum), catering businesses in North Rhine-Westphalia and top-end catering throughout Germany.
