on The Platform Group AG (isin : DE000A2QEFA1)
The Platform Group AG Sets Interest Rate for 2024/2028 Bond at 8.875%
Düsseldorf, 1 July 2024. The Platform Group AG announced the interest rate for its 2024/2028 corporate bond will be 8.875% per annum. Investor interest led the company to close the subscription period early and set the issue volume at EUR 30 million, above the initial target of EUR 25 million.
The bond will be listed on the Frankfurt Stock Exchange's Quotation Board segment starting 11 June 2024. This decision underscores the strong demand the company has received from the market.
The bond will be available to qualified investors in Germany and Luxembourg, as per the company's Prospectus. The listing will not include offers in the United States, Canada, Australia or Japan due to regulatory constraints.
This release includes forward-looking statements based on management's views and assumptions. The company disclaims any obligation to update these statements or conform them to future events, barring legal requirements.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all The Platform Group AG news