Frankfurt am Main, 20-Apr-2016 — /EuropaWire/ — Deutsche Börse Cash Market: A bond issued by Karlsberg Brauerei GmbH (ISIN DE000A2AATX6) is tradable in the Entry Standard of the Frankfurt Stock Exchange as of today.
The subscription for the Karlsberg Wertpapier II bond ended on its very first day. The subscription was originally supposed to run from 19 April until 21 April.
The issued volume is to be used for the early redemption of the Wertpapier I bond issued in 2012. The new bond with a five-year term has a volume of EUR 40 million, and has a coupon rate of 5.25 percent. Its nominal denomination is EUR 1,000.
The two financial institutions Bankhaus Lampe and IKB Deutsche Industriebank AG are supporting the issue.
According to information provided by the company, Karlsberg Brauerei is one of Germany’s largest family-owned brewery groups. Besides the traditional beer segment, it is also positioned in the growth segments alcohol-free beers and beer-based mixed drinks. The company generated sales of EUR 166.3 million and a net profit of EUR 8.5 million in financial year 2015 and has an equity ratio of around 30 percent.
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