on SANHA GmbH & Co. KG (isin : DE000A1TNA70)
SANHA GmbH & Co. KG Extends Subscription Period for 2024/2029 Bond
Investors have until December 6, 2024, to subscribe to SANHA GmbH & Co. KG's new 2024/2029 bond. This opportunity is available through Deutsche Börse's subscription functionality. With a term of five years, the bond offers an annual fixed interest rate of 8.75%, paid semi-annually. SANHA GmbH & Co. KG, a leading piping systems manufacturer, has already placed over 60% of this bond via exchange.
Managing Partner Bernd Kaimer highlights investor confidence and SANHA's economic resilience. The company expects slight revenue growth for 2024, with stable EBITDA and EBIT margins. Listing on the Frankfurt Stock Exchange is scheduled for December 10, 2024. The bond will assist in refinancing and support general corporate purposes.
R. H.
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