Deutsche Börse announced the subscription launch for VST Building Technologies AG corporate bond

19-9-2013 — /EuropaWire/ — Xetra/FWB: VST Building Technologies AG is planning to list a corporate bond in the Entry Standard of the Frankfurt Stock Exchange. The bond with the ISIN DE000A1HPZD0 can be subscribed from today until 30 September, subject to early termination of subscription. It has an issue volume of up to €15 million, runs until 2 October 2019 and has an interest rate of 8.5 percent. Its nominal denomination is €1,000.

Trading is planned to commence on 2 October 2013. The applicant is VEM Aktienbank AG and the specialist SCHNIGGE Wertpapierhandelsbank AG.

“We are delighted that VST Building Technologies AG is placing a corporate bond in Frankfurt Stock Exchange’s Entry Standard. The Entry Standard for corporate bonds is the ideal platform to access cost-effective financing, including for companies that are not listed on the stock exchange themselves,” said Dr Cord Gebhardt, Head of Primary Markets at Deutsche Börse.

According to company information, VST Building Technologies AG offers technology solutions in building construction. The patent-protected composite formwork technology elements are primarily used in constructing residential buildings. The company provides project planning, production and installation services. VST also acts as general contractor in some building construction projects, and licenses the patented technology for selected regions.

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