EUSOLAG European Solar AG
EUSOLAG European Solar AG issues a Green bond 2022/2027
DGAP-News: EUSOLAG European Solar AG
/ Key word(s): Bond/Issue of Debt
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014
EUSOLAG European Solar AG issues a Green bond 2022/2027 Frankfurt, 29th March 2022 – EUSOLAG European Solar AG, a specialist investor focusing on building up a portfolio of photovoltaic farms has issued a corporate bond to support planned growth activities. Within a Private Placement transaction, a first tranche of EUR 10 Million were subscribed by qualified Investors in Germany and Switzerland. The Corporate Bond has a tenor of 5 years and a coupon of 6.25% p.a., paid out annually in arrears. The Bond will start trading on the Frankfurt Stock Exchange Open Market in the following days with the ISIN DE000A3MQYU1. The Proceeds will be used to expand the photovoltaic farms portfolio of the Issuer. The Green „Energy-Liberty” Bond is issued under a Green Bond Framework of the Issuer, certified with a Second Party Opinion by ISS ESG. Karim Sghaier, Director Capital Markets and Board Member at EUSOLAG: “The EUSOLAG Bond issue is an excellent example of how sustainable finance contributes to the Energy-sourcing sustainability and the swift liberation of Europe from geopolitical and fossil-fuels dependencies. I am delighted to be part of this story, validated and amplified by recent events, showing the urgency of the topic for the entire EU, beyond the (sustainable) finance community.” The issue of a first tranche of EUR 10 Million enables the financing of the acquisition of first projects. To further support portfolio growth, the company may keep issuing tranches of its corporate bond 2022/2027 up to a total volume of EUR 125 Million. Contact: EUSOLAG European Solar AG Ivan Sirakov, CEO T +41 (0)41 511 3709 E sirakov@eusolag.de EUSOLAG European Solar AG Lurgiallee 14 60439 Frankfurt am Main Deutschland About EUSOLAG European Solar AG EUSOLAG European Solar AG is a buy-and-hold player in photovoltaic assets across Europe headquartered in Frankfurt am Main. The company is focused on building an attractive portfolio of photovoltaic parks across Europe. As a buy-and-hold operator, the company plans to achieve a steady value growth with positive cash-flow. EUSOLAG keeps a lean management structure, whereby staff-intensive activities are outsourced to third parties while closely managed by EUSOLAG.
29.03.2022 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | EUSOLAG European Solar AG |
Lurgiallee 14 | |
60439 Frankfurt am Main | |
Germany | |
Phone: | +41415113709 |
E-mail: | info@eusolag.de |
Internet: | www.eusolag.de |
ISIN: | DE000A3MQYU1 |
WKN: | A3MQYU |
EQS News ID: | 1313267 |
End of News | DGAP News Service |
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