Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Xetra/FWB: Subscription For Rickmers Holding GmbH Corporate Bond

Date 27/05/2013

Rickmers Holding GmbH is planning to list a bond in the Prime Standard for corporate bonds of the Frankfurt Stock Exchange. The subscription period of the bond with ISIN: DE000A1TNA39 begins today and will run until 7 June subject to early termination in case of high demand. It has a volume of up to €200 million, runs until 11 June 2018 and has an interest rate of 8.875 percent. Its nominal denomination is €1,000.

Trading is planned to commence on 11 June 2013. Applicant and specialist is Close Brothers Seydler Bank AG.

“We are pleased that Rickmers Holding GmbH has decided to join the Frankfurt Stock Exchange. The Frankfurt Stock Exchange offers companies of every size tailored market segments for raising debt capital, irrespective of an existing exchange listing. The Prime Standard for corporate bonds is aimed at large companies with an international focus that wish to list their bond in a premium segment that offers high investor attention,” commented Dr Cord Gebhardt, Head of Primary Markets at Deutsche Börse AG.

Rickmers Holding GmbH & Cie. KG located in Hamburg is the parent company of Rickmers Group, a global shipping company. According to company sources, Rickmers Group is an established international provider of services for the maritime industry, vessel owner and ocean carrier, founded in 1834.

 
 
Related links
  Bonds on boerse-frankfurt.de