from SANHA GmbH & Co. KG (isin : DE000A1TNA70)
EQS-Adhoc: SANHA GmbH & Co. KG decides on buyback offer for corporate bond 2013/2026 with a volume of up to EUR 5 million
EQS-Ad-hoc: SANHA GmbH & Co. KG / Key word(s): Bond
SANHA GmbH & Co. KG decides on buyback offer for corporate bond 2013/2026 with a volume of up to EUR 5 million
13-Dec-2024 / 10:02 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
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SANHA GmbH & Co. KG decides on buyback offer for corporate bond 2013/2026 with a volume of up to EUR 5 million
- Start 19 December 2024 until presumably 20 January 2025
- Buy-back price of 100% set
- Goal: further reduction of financial liabilities
Essen, 13 December 2024 – SANHA GmbH & Co. KG, one of the leading manufacturers of piping systems, today decided to launch a buyback offer for the corporate bond 2013/2026 (ISIN: DE000A1TNA70, WKN: A1TNA7, the „bond 2013/2026“) with a nominal volume of up to EUR 5 million at a price of 100%. The bond 2013/2026 has an outstanding total nominal amount of EUR 20.251 million. The buyback will be made using the company's liquid funds and will serve to further reduce the bond liabilities and diversify the financing structure.
The transaction will be technically supported by Quirin Privatbank and is to be carried out in the period from 19 December 2024 to 20 January 2025 - subject to a possible shortening or extension of the buyback period.
The specific terms and conditions of the offer are expected to be published by the company in the Federal Gazette (Bundesanzeiger) and on its website (https://www.sanha.com/Investor-Relations/) on 18 December prior to the start of the bond buyback offer.
Investor Relations / Press:
Jonas Schneider, Johannes Kaiser
IR.on AG
Phone: +49-221-914097-38
E-mail: SANHA@ir-on.com
End of Inside Information
13-Dec-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | SANHA GmbH & Co. KG |
| Im Teelbruch 80 | |
| 45129 Essen | |
| Germany | |
| Phone: | +49 2054 / 925 - 0 |
| Fax: | +49 2054 / 925 - 250 |
| E-mail: | info@sanha.com |
| Internet: | www.sanha.com |
| ISIN: | DE000A1TNA70, DE000A383VY6 |
| WKN: | A1TNA7, A383VY |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Hanover |
| EQS News ID: | 2050839 |
| End of Announcement | EQS News Service |
2050839 13-Dec-2024 CET/CEST