Successful Placement of the Bond
The Netfonds AG has successfully placed its bond 2024/2029 by an additional 7.5 million euros, with the offer being more than twice oversubscribed. This underscores the strong demand from investors and the trust in the company.
Background on the Bond
The original issuance occurred in December 2024, bringing the total nominal amount after the recent increase to 22.5 million euros. The bonds run until 2029 and are traded on the Frankfurt Stock Exchange in the Quotation Board (Open Market) segment.
Key Aspects for Investors
- Oversubscription: The high demand indicates a positive market assessment and could point to attractive terms or the creditworthiness of the issuer.
- Use of Funds: Although not explicitly mentioned, such increases typically serve to refinance existing liabilities or to finance growth initiatives.
- Trading Segment: The Quotation Board is a regulated free market with lower admission requirements than the Prime Standard, making it more cost-effective for issuers.
This successful placement underscores the company’s ability to raise capital even in volatile market phases. For investors, the bond offers a chance to participate in the success of Netfonds – however, they should examine the specific risks of an open-market instrument.