GREENCELLS GMBH EQS-Adhoc: Greencells GmbH plans early termination and redemption of the secured Green Bond 2020/2025 at 102% of the nominal amount, probably in the second quarter of 2024
Transparency directive : regulatory news
26/04/2024 14:30
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EQS-Ad-hoc: Greencells GmbH / Key word(s): Bond
Greencells GmbH plans early termination and redemption of the secured Green Bond 2020/2025 at 102% of the nominal amount, probably in the second quarter of 2024
26-Apr-2024 / 14:30 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.
The issuer is solely responsible for the content of this announcement.
Greencells GmbH plans early termination and redemption of the secured Green Bond 2020/2025 at 102% of the nominal amount, probably in the second quarter of 2024
Saarbrücken, 26 April 2024 – The Management of Greencells GmbH plans to early redeem its secured 6.5% Green Bond 2020/2025 (ISIN: DE000A289YQ5) with an outstanding volume of EUR 45.1 million, subject to the minimum notice period of 30 days in accordance with the bond terms and conditions, probably in the second quarter of 2024 and repay it at 102% of the nominal amount (optional redemption amount (call)) plus interest accrued up to that date. The redemption of the Green Bond is to be made from bank financing, which Greencells Energy NL B.V., a subsidiary of Greencells Group Holdings Ltd. is to receive from an international bank from Austria and pass on to Greencells GmbH for the purpose of redeeming the bond and in fulfillment of liabilities to Greencells GmbH. As the disbursement of the funds is still subject to various conditions precedent, not all of which are currently fulfilled, the specific date for the early redemption of the outstanding bonds will only be announced in the context of a notice of termination expected to be published in the second quarter of 2024. The notice of termination will be published on the website of Greencells GmbH (www.greencells.com/de/ir/) in accordance with the bond terms and conditions and will also be disclosed in the Federal Gazette (“Bundesanzeiger”).
Notifying person:
Andreas Hoffmann (CEO)
Greencells GmbH
Greencells contact:
Alexandra Roger-Machart
Head of Corporate Communications, ESG and IR
ir@greencells.com | Mobil: +49 172 397 0957
Greencells GmbH
Bahnhofstr. 28
66111 Saarbrücken
Germany
www.greencells.com |
Financial press contact:
Frank Ostermair, Linh Chung
frank.ostermair@better-orange.de
Phone: +49 89 88 96906 25
Better Orange IR & HV AG
Haidelweg 48
81241 Munich
Germany
www.better-orange.de |
End of Inside Information
26-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
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| Language: |
English |
| Company: |
Greencells GmbH |
|
Bahnhofstraße 28 |
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66111 Saarbrücken |
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Germany |
| Phone: |
0681/9926690 |
| E-mail: |
info@greencells.com |
| Internet: |
www.greencells.com |
| ISIN: |
DE000A289YQ5 |
| WKN: |
A289YQ |
| Listed: |
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: |
1890627 |
| |
| End of Announcement |
EQS News Service |
1890627 26-Apr-2024 CET/CEST
