on The Platform Group AG (isin : DE000A2QEFA1)
The Platform Group AG Expands 2024 Corporate Bond to EUR 50 Million
The Platform Group AG has enhanced its corporate bond for 2024/2028, increasing its volume by EUR 20 million, reaching a total of EUR 50 million. Issued under Norwegian law in July 2024, the additional notes were rapidly oversubscribed and placed in a private offering to institutional investors.
The bonds have a maturity date of 11 July 2028, featuring an annual interest rate of 8.875%. The transaction, facilitated by Pareto Securities AS, Frankfurt Branch, concluded ahead of schedule due to high demand.
Proceeds from this bond issuance will support future corporate acquisitions, aligning with The Platform Group AG's strategic investment plans for 2025.
R. P.
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