Brief: All For One Group Places EUR 33.5 Million In Promissory Note Bonds

All for One SE

17/10/2019 08:26

Oct 17 (Reuters) - ALL FOR ONE GROUP AG  A1OS.DE :
    * 33.5 MILLION EUROS IN PROMISSORY NOTE BONDS  SUCCESSFULLY
PLACED
/ VERY FAVOURABLE REHANA, CLOUD, SAP BRANCHENLÖSUNGEN,
MITTELSTAND, MASCHINENBAU, ANLAGENBAU, AUTOMOBIL
ZULIEFERINDUSTRIE, PROJEKTDIENS
    * TRANSACTION TOTALLING 33.5 MILLION EUROS WAS ARRANGED BY
LANDESBANK BADEN-WÜRTTEMBERG, STUTTGART, AND WAS WELL
OVER-SUBSCRIBED
    * PROMISSORY NOTE BONDS ARE SPLIT INTO THREE TRANCHES
    * TWO SPOT TRANCHES (VALUE DATE: 17 OCTOBER 2019) WITH TERMS
OF 6
(7.5 MILLION EUROS IN TOTAL) AND 8 (16.0 MILLION EUROS IN TOTAL)
YEARS AT LOWER END OF PRICE RANGE
    * FORWARD TRANCHE (VALUE DATE: 30 APRIL 2020) MATURING IN
6.5
YEARS (10.0 MILLION EUROS IN TOTAL)
    * MAIN PURPOSE OF FORWARD LOANS IS TO REDEEM A RESIDUAL
TRANCHE OF
8.5 MILLION EUROS FROM INITIAL TRANSACTION BACK IN APRIL 2013
    * ALL THREE TRANCHES INCUR INTEREST AT FIXED RATES RANGING
BETWEEN
0.90% AND 1.10%, DEPENDING ON TRANCHE

Source text for Eikon:  ID:nEQ73kVD6a 
Further company coverage:  A1OS.DE 

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