04/25/2018

PNE Wind Successfully Places € 50 Million Corporate Bond

CEO: “We are very pleased that this placement was completed so successfully and quickly. This shows that the financial market has great confidence in our enterprise."

Official Press Release PNE Wind:

Successful placement of a € 50 million corporate bond

Wind Industry Profile of

PNE WIND AG has successful placed its corporate bond 2018/2023 and fixed the definitive volume at € 50 million. This corresponds to the target volume. The rate was fixed at 4.00 % p.a. and thus at the lower end of the range of 4.00% p.a. to 4.75% p.a.

Markus Lesser, Chief Executive Officer of PNE WIND AG: “We are very pleased that this placement was completed so successfully and quickly. This shows that the financial market has great confidence in our enterprise. PNE WIND has a basis for the future development of the company in this way. At the same time, we were able to reduce interest charges from 8 % p.a. to 4 % p.a.. Our thanks go to the banks that accompanied the placement." The bearer bonds 2018/2023 were offered by way of a public offer in... ... More: Official Press Release PNE Wind