EQS-Adhoc: Katjes International offers new corporate bond with a target volume of 110 million euros for exchange and subscription

THIS COMMUNICATION IS NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA.
 

Katjes International offers new corporate bond with a target volume of 110 million euros for exchange and subscription

• Interest rate is between 6.25% and 7.50% per year
• Exchange offer for corporate bond 2019/2024 incl. additional purchase option from August 25 to September 12, 2023
• Subscription opportunity for new bond via the subscription facility on the Frankfurt Stock Exchange (DirectPlace) from September 4 to 14, 2023 and via the issuer's website from August 25 to September 12, 2023

Emmerich, 24^th August 2023 - Katjes International GmbH & Co. KG, the international holding company of the Katjes Group, is offering a new corporate bond (WKN: A30V78; ISIN: NO0012888769) with a target volume of EUR 110 million, maturing on September 21, 2028 in denominations of EUR 1,000.00 each with a fixed annual interest rate of nominally 6.25% - 7.50%, issued under Norwegian law (Nordic Bond).

The offering consists of a public offering in the Federal Republic of Germany and the Grand Duchy of Luxembourg and a private placement in the Federal Republic of Germany and selected European and other countries with the exception of the United States of America as well as Canada, Australia and Japan. The public offering consists of (i) a public exchange offer to the holders of the bonds issued in 2019 to exchange them for the new bonds at an exchange ratio of 1:1 (one for one) plus a cash settlement amount of EUR 5.00 and accrued interest, (ii) an additional purchase option under which participants in the exchange offer may subscribe for additional bonds and (iii) a public offer in the Federal Republic of Germany and the Grand Duchy of Luxembourg via the subscription functionality DirectPlace of Deutsche Börse AG and the website of the issuer in the Federal Republic of Germany. The public offer is subject to the condition that a total of at least 80,000 bonds with a nominal amount of EUR 1,000.00 each, i.e. nominally EUR 80,000,000.00, are successfully placed. The securities prospectus required for the public offering was approved today by the Luxembourg Commission de Surveillance du Secteur Financier and notified to the German Federal Financial Supervisory Authority.

In addition to the public offering, a private placement will be made in particular to qualified investors in Germany and in certain other countries (with the exception of the United States of America and Canada, Australia and Japan).

The final volume of the bond and its annual interest rate are expected to be determined after the end of the offering period, or possibly even before, on the basis of the subscription orders received in the public offering or in the private placement, and will subsequently be published, along with other information.

With a minimum investment amount of 1,000 euros and a term of five years, the new bond is aimed both at private and institutional investors. The exchange offer as well as the subscription offer via the issuer's website will run from August 25, 2023 to September 12, 2023 (10:00 a.m. CEST), subject to early closure or extension. The subscription period via the subscription functionality DirectPlace of Deutsche Börse runs from September 4, 2023 to September 14, 2023 (12:00 a.m. CEST), also subject to early closure or extension. The new bond is expected to be listed on the Open Market of the Frankfurt Stock Exchange and on the Nordic ABM of the Oslo Stock Exchange, the latter within six months after the issue date.

Katjes International intends to use the net proceeds of the bond primarily for the early redemption of the bond 2019/2024. The remaining net issue proceeds are to be used primarily for the realization of possible acquisition projects.

Key data of the 2023/2028 bond

The legally binding securities prospectus is available for download on the website (www.katjes-international.de) under the header Investoren, sub-heading Neue Anleihe 2023/2028.

CONTACT
Katjes International GmbH & Co KG
Tel.: +49 (0) 2822/601-700
Fax: +49 (0) 2822/601-125
E-mail: kontakt@katjes-international.de
Website: www.katjes-international.de

ABOUT KATJES INTERNATIONAL

Katjes International GmbH & Co. KG, together with its two legally independent sister companies, the well-known confectionery manufacturer Katjes Fassin GmbH & Co. KG and Katjesgreenfood GmbH & Co. KG, as well as the respective subsidiaries and investments of these three companies, form the Katjes Group ("Katjes Group"). With a focus on so-called Fast Moving Consumer Goods - FMCG (mainly confectionery and personal care products) in Europe, the issuer bundles its investments in companies with (from the point of view of the Katjes Group) strong and established brands. In doing so, the issuer sees itself as a carve-out investor, such as in the acquisitions of Galderma/Nestlé and the latest transaction with Henkel. The business includes the seven subsidiaries Sperlari with Dulcioliva and Paluani in Italy, the German companies Piasten, Dallmann's Pharma Candy with Bübchen and the Oral Care division, and Harlekijntjes in the Netherlands. In addition, the company holds interests of over 55% in the British company Candy Kittens Limited and of around 23% in the French company Carambar & Co. (CPK).

For more information, visit www.katjes-international.de

INFORMATION AND EXPLANATIONS OF THE ISSUER CONCERNING THIS ANNOUNCEMENT

To the extent that this release contains forward-looking statements, these statements are based on plans, estimates and projections currently available to Katjes International. Forward-looking statements therefore speak only as of the date they are made. Katjes International assumes no obligation to update or develop such statements in light of new information or future events. By their nature, forward-looking statements involve risks and uncertainties. A variety of important factors could cause actual results to differ materially from those in forward-looking statements.

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IMPORTANT NOTE

This announcement constitutes neither an offer to sell nor a solicitation to buy or subscribe for securities of Katjes International GmbH & Co KG.

This communication does not constitute an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration under the U.S. Securities Act of 1933 or an exemption from its registration requirements. The securities have not been and will not be registered. Katjes International GmbH & Co. KG does not intend to conduct a public offering of securities in the United States of America.

No exchange offer is being made in the United States of America with respect to any securities described in this announcement. Any purported exchange order submitted by a person located in the United States of America or by an agent or other intermediary acting for such person on a non-discretionary basis is void and will be rejected.

This publication is not an offer of securities for sale in Canada, Japan or Australia.

1710185  24-Aug-2023 CET/CEST