DGAP-Adhoc: Youbisheng Green Paper AG: Youbisheng Green Paper AG resolves on the issue of a Bond with Detachable Warrants

| Source: EQS Group AG
Youbisheng Green Paper AG  / Key word(s): Miscellaneous/Bond

26.02.2014 19:06

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Cologne, 26. February 2014 - Today, the Management Board with the consent
of the Supervisory Board of Youbisheng Green Paper AG has resolved to issue
a bond with detachable warrants (the "Bond") by way of a private placement
with institutional investors. The subscription rights of the shareholders
are excluded. This board resolution is based on an authorization passed in
the extraordinary general meeting on 20 February 2014 and conditional to
the registration of the contingent capital resolved in that general meeting
in the commercial registry. The Bond placement shall take place within the
next four weeks.

The Bond will have a volume of up to EUR 25 million and a maturity of six
years. It will be issued at its nominal amount. The coupon is expected to
be 11 per cent p.a. with an additional yield of 2.5 per cent per year
payable at the maturity date. Investors will be granted warrants, each
warrant granting the conversion right into one share of Youbisheng Green
Paper AG at a strike price of approximately the current share price. The
total number of the granted warrants represents up to approximately 10 per
cent of the current number of outstanding shares of the company. According
to the terms and conditions of the Bond, the strike price may be adjusted.
The proceeds of the Bond are to be used to finance a new production line.
The construction of the new facility is expected to start in the second
half of 2014 and should be completed by the end of 2015.


Information and Explaination of the Issuer to this News:

About Youbisheng Green Paper AG

Youbisheng Green Paper AG is the German holding company of a Chinese
clean-tech leader of eco-friendly produced linerboard from up to 100 per
cent recovered fibres. The high-quality linerboard innovations of
Youbisheng take up a special position in the Chinese market and are
produced in the own production plant near Quanzhou City. They are used in
the packaging industry in the Fujian and Guangdong Province (together about
141 million inhabitants), especially for visually attractive sales
packaging and carrier bags of high-quality consumer goods.

Youbisheng has been operating as a paper producer since 2000. In fiscal
year 2012 and with its production plants operating at full capacity, it
manufactured almost 150,000 metric tons of linerboard, making it one of the
biggest linerboard producers in Fujian and Guangdong Provinces. 


For further information:

Kirchhoff Consult AG
Sebastian Bucher
Phone: +49 (0) 40 60 91 86 18

Youbisheng Green Paper AG
Gustav-Heinemann-Ring 44
81739 Munich

Disclaimer concerning prognoses

This communication contains forward-looking statements Forward-looking
statements are statements that are not historical facts instead they
reflect the current views and expectations of Youbisheng Green Paper AG and
the assumptions underlying them about future events. Forward-looking
statements are subject to many risks and uncertainties. If any of such
risks and uncertainties materialize or if the assumptions underlying any of
the forward-looking statements of Youbisheng Green Paper AG are proving to
be incorrect, the actual results of Youbisheng Green Paper AG may be
materially different from those expressed or implied by such
forward-looking statements. Youbisheng Green Paper AG does not intend or
assume any obligation to update these forward-looking statements. Any
forward-looking statement speaks only as of the date on which it is made.

26.02.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

Language:     English
Company:      Youbisheng Green Paper AG
              Gustav-Heinemann-Ring 44
              81739 München
Phone:        089 - 451 63992
Fax:          089 - 451 63993
E-mail:       ir@youbisheng-greenpaper.de
Internet:     www.youbisheng-greenpaper.de
ISIN:         DE000A1KRLR0
WKN:          A1KRLR
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf
End of Announcement                             DGAP News-Service