Jung, DMS & Cie. Pool GmbH
Jung, DMS & Cie. Pool GmbH: Issuance of a secured 5.5 % corporate bond with a total volume of up to EUR 25 million with exchange offer
Jung, DMS & Cie. Pool GmbH / Key word(s): Bond Issuance of a secured 5.5 % corporate bond with a total volume of up to EUR 25 million with exchange offer Wiesbaden, 28 October 2019 – Jung, DMS & Cie. Pool GmbH, a wholly-owned subsidiary of JDC Group AG, has decided to issue a five-year secured corporate bond with an annual interest rate of 5.5%. The issue volume amounts to up to EUR 25 million. The inflow of funds from this issuance will be used to refinance the outstanding bond (ISIN DE000A14J9D9) maturing on 21 May 2020 as well as to finance further growth of the JDC Group. The new bond will be issued by means of a public tender offer, a private placement with qualified investors and a voluntary exchange offer. The public tender offer will be carried out in the Federal Republic of Germany (“Germany”), the Grand Duchy of Luxembourg (“Luxembourg”) and Republic of Austria (“Austria”), inter alia via the DirectPlace subscription functionality of the Frankfurt Stock Exchange and additionally by advertising in Luxembourg. The accompanying securities prospectus is expected to be approved by the Commission de Surveillance du Secteur Financier (“CSSF”) in the first half of November, followed by a two-week subscription and exchange period. The issue includes a 1:1 exchange offer to the holders of Jung, DMS & Cie. Pool GmbH bond 2015/2020 at par value plus accrued interest as well as an additional cash amount of EUR 10.00.
Important note: The securities which form the subject of this publication shall be offered by the issuer exclusively within the Federal Republic of Germany and the Grand Duchy of Luxembourg by means of a public tender offer on the basis of the securities prospectus approved by the Commission de Surveillance du Secteur Financier (“CSSF”) and within the context of a private placement with qualified investors in Germany and in certain jurisdictions in the European Economic Area and Switzerland, where applicable. In particular, the securities have not been and will not be registered under the U.S. Securities Act of 1933 as amended (“Securities Act”) and may not be offered or sold in the United States without registration under the Securities Act or an applicable exemption from the relevant registration requirements. This publication does not constitute a prospectus. The investment decisions of interested investors with respect to the securities mentioned in this publication should be made solely on the basis of the prospectus to be prepared by the issuer in connection with the public tender offer of such securities and the terms and conditions of the bonds.
28-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Jung, DMS & Cie. Pool GmbH |
Kormoranweg 1 | |
65201 Wiesbaden | |
Germany | |
Phone: | +49 611 3353-500 |
Fax: | +49 611 3353 355 |
E-mail: | info@jungdms.de |
Internet: | www.jungdms.de |
ISIN: | DE000A14J9D9 |
WKN: | A14J9D |
Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Munich |
EQS News ID: | 898649 |
End of Announcement | DGAP News Service |