BankM AG
BankM – Representative Office of FinTech Group Bank AG: Expanded presence in the debt capital market shows increasing success – EUR 30 million tap of the Metalcorp bond fully placed
BankM: Expanded presence in the debt capital market shows increasing – BankM supported more than 30 transactions in the past 12 months – Total volume of around EUR 400 million – Flexible solutions from structuring and placement to technical processing Frankfurt, 24 April 2018 – BankM – Representative Office of FinTech Group Bank AG (“BankM”) has successfully supported the increase of the corporate bond 2017/2022 (ISIN: DE000A19MDV0) of Metalcorp Group B.V. to EUR 80 million as Lead Manager and Global Coordinator. As part of an international private placement with institutional investors, the maximum volume of EUR 30 million for the increase was fully subscribed. The inclusion of the new bonds in the current listing on the Open Market of Deutsche Börse AG (OTC market of the Frankfurt Stock Exchange) took place this week under the interim ISIN DE000A19ZL70. BankM had already successfully structured and placed the issue of the first tranche of EUR 50 million. Overall, the increased presence in the debt capital market shows a positive impact. Since the expansion of the sales team in mid-2017, BankM has advised on over 30 transactions with a total volume of around EUR 400 million. The spectrum comprises the entire debt capital sector ranging from traditional bearer bonds, bonds with warrants, convertible bonds, zero bonds and mezzanine capital to credit brokering. In addition to being lead manager, as with Metalcorp, BankM specializes as technical processor for securitisation and subscription services as well as paying agent. “With our flexible, product-independent offering, we do not follow temporary trends, but always try to find the strategically best financing solution for the occasion and at the same time limit the time and financial expenditure for our customers,” explains Ralf Hellfritsch, founding partner of BankM and responsible for Fixed Income, the recipe for success. The expanded range of debt capital solutions completes the existing service portfolio comprising IPOs, equity placements, designated sponsoring, research, M&A and capital market consulting with a focus on expansions into the Asian region. The aim is to offer SMEs integrated financing solutions in strategic issues within the framework of the BankM house bank principle.
About BankM – Representative Office of FinTech Group Bank AG: Since 2007, BankM – representative office of FinTech Group Bank AG (Frankfurt am Main, Germany) is the partner of small and mid-sized enterprises and specialising in capital market financing with its experienced, interdisciplinary team. Around 100 SME customers benefit from individual service and rapid access to selected investors that fit their needs. BankM’s services include capital market advisory, arranging IPOs and capital increases for equity financing, debt advisory and financing, designated sponsoring, research and M&A. Based in Frankfurt am Main, Germany, BankM is a legally dependent branch of FinTech Group Bank AG and is integrated into the banking and regulatory structures of FinTech Group Bank AG. FinTech Group Bank AG has a full banking licence for all types of banking business in compliance with the German Banking Act, underlies the statutory Deposit Guarantee Scheme of the Entschädigungsein-richtung deutscher Banken GmbH (EdB) and also operates as a “white-label bank” (e.g. for ViTrade and flatex). Each year, FinTech Group Bank AG handles over 10 million securities orders and currently has assets under administration of over EUR 11 billion. The balance sheet total is of well over EUR 1 billion (as of June 2017).
Ralf Hellfritsch
This announcement does not constitute a recommendation or an offer or a solicitation of an offer for the purchase, sale or subscription of any mentioned securities. It does not serve any investment advice but general information purposes only. End of Media Release Issuer: BankM – Repräsentanz der FinTech Group Bank AG Key word(s): Finance
24.04.2018 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |