S.A.G. Solarstrom AG / Key word(s): Bond
27.06.2011 08:02
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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S.A.G. Solarstrom AG issues 7.5% corporate bond to finance further growth
Freiburg, June 27, 2011. S.A.G. Solarstrom AG (German security
identification number: 702 100, ISIN: DE0007021008), Freiburg i. Br., is
issuing a corporate bond with a volume of up to EUR25 million. The bond
(German security identification number: A1K0K5, ISIN: DE000A1K0K53) is
endowed with an issuing price of 100%, a fixed interest rate of 7.5% p.a.
and a runtime of 6 years. The subscription period will run from June 30 to
July 7, 2011, subject to premature termination. Private investors will be
able to subscribe to the bond through their house bank or their online
broker via the Frankfurt Stock Exchange. With the revenue, the Group plans
to step up its profitable growth in the construction of photovoltaic
systems in Europe, to reduce project financing costs and to continue
expansion of its own power plant portfolio.
The public offering of the partial debenture will be made on the basis of
the base prospectus approved by the German Federal Financial Supervisory
Authority (BaFin) on November 19, 2010, as well as the Supplement No. 1 to
this base prospectus that was approved on June 24, 2011.
The final conditions of the offering will be published today on the
company's website (www.solarstromag.com).
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Information and Explaination of the Issuer to this News:
About S.A.G. Solarstrom AG
S.A.G. Solarstrom AG (German security identification number: 702 100, ISIN:
DE0007021008) of Freiburg i.Br., Germany, is a manufacturer-independent
provider of high-quality photovoltaic plants configured to customers'
individual needs. The Group constructs efficient plants of all sizes both
in Germany and abroad. S.A.G. Solarstrom AG also produces solar energy at
its own plants.
S.A.G. Solarstrom AG's service portfolio covers the entire life cycle of
photovoltaic plants, including forecast and energy services, yield reports,
and remote service and maintenance, as well as insurance and financing. The
Group thus offers a comprehensive value chain in photovoltaics, from yield
reports, planning, construction, operations, and monitoring to
optimization, repowering, and deconstruction.
Founded in 1998, S.A.G. Solarstrom AG is considered a pioneer in the solar
industry. Around 210 specialists work at the four locations in Germany and
the foreign subsidiaries.
S.A.G. Solarstrom AG is listed in the Prime Standard of the Frankfurt Stock
Exchange as well as according to the rules and standards M:access of the
Munich Stock Exchange.
Further information: www.solarstromag.com
Contact:
S.A.G. Solarstrom AG
Sasbacher StraÃe 5
79111 Freiburg
Germany
www.solarstromag.com
Public Relations / Investor Relations
Jutta Lorberg
phone: +49-(0)761-4770-311
e-mail: pr@solarstromag.com / ir@solarstromag.com
Fabian Lorenz
Tel.: +49-(0)151-40016085
E-Mail: fabian.lorenz@ir-on.com
27.06.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: S.A.G. Solarstrom AG
Sasbacher Str. 5
79111 Freiburg
Deutschland
Phone: + 49 761 4770 0
Fax: + 49 761 4770 555
E-mail: mail@solarstromag.com
Internet: www.solarstromag.com
ISIN: DE0007021008
WKN: 702100
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München (m:access), Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: S.A.G. Solarstrom AG issues 7.5% corporate bond to finance further growth
| Source: EQS Group AG