S.A.G. Solarstrom AG / Key word(s): Issue of Debt
22.11.2010 07:33
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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Ad hoc announcement according to § 15 of the Securities Trading Act (WpHG)
S.A.G. Solarstrom AG issues corporate bond
Freiburg, November 22, 2010. S.A.G. Solarstrom AG (German security
identification number: 702 100, ISIN: DE0007021008, Frankfurt Stock
Exchange, General Standard), Freiburg i. Br., announces that they are now
intending to issue partial debentures of up to EUR50 million in the first
tranche, in accordance with the base prospectus for the public offer of
debenture bonds in a maximum total nominal amount of EUR200 million, which
was approved on November 19, 2010 by the Federal Financial Supervisory
Authority and published on the web page of the company
(www.solarstromag.com) on the same day. The proceeds from the issue are
intended to accelerate growth.
The final terms and conditions of the offer will be published on the
company's web page today (www.solarstromag.de). The bond will have an
interest rate of 6.25% p.a. and is due for repayment on December 14, 2015.
The subscription period is from November 25 to December 3, 2010 (subject to
premature closing).
About S.A.G. Solarstrom AG
S.A.G. Solarstrom AG (German security identification number: 702 100, ISIN:
DE0007021008) of Freiburg i.Br., Germany, are 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 produce solar energy at
their 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 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 are considered pioneers in the solar
industry. Around 175 specialists work at the four locations in Germany and
the foreign subsidiaries.
S.A.G. Solarstrom AG are listed in the General 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
Investor Relations
Jutta Lorberg
phone: +49-(0)761-4770-311
Armin Baltzer
phone: +49-(0)761-4770-368
e-mail: ir@solarstromag.com
Public Relations
Fabian Lorenz
Tel.: +49-(0)151-40016085
E-Mail: fabian.lorenz@ir-on.com
22.11.2010 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 (General Standard);
Freiverkehr in Hamburg, München (m:access), Düsseldorf,
Berlin, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: S.A.G. Solarstrom AG: S.A.G. Solarstrom AG issues corporate bond
| Source: EQS Group AG