S.A.G. Solarstrom AG / Key word(s): Issue of Debt
02.12.2010 09:00
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 corporate bond: EUR25 million placed
Freiburg, December 2, 2010. S.A.G. Solarstrom AG (German security
identification number: 702 100, ISIN: DE0007021008), Freiburg, has placed
EUR25 million as part of a corporate bond to finance growth. The bond will
have an interest rate of 6.25 % p.a. and is due for repayment on December
14, 2015. The issue will be closed two days before the official
subscription period expires.
With the proceeds of the issue, the Group plans to implement their
well-filled order pipeline for installing photovoltaic systems in Europe
more quickly, while at the same time reducing the project financing costs.
Trading of the corporate bond (ISIN: DE000A1E84A4) is planned to start over
the counter at the Frankfurt Stock Exchange on December 13, 2010.
The official offer of the partial debentures was made in accordance with
the base prospectus for the public offer of bonds that was approved by the
German Federal Financial Supervisory Authority on November 19, 2010, and
published on the company's website on the same day (www.solarstromag.de),
as well as the final Terms and Conditions of the offer published on
November 22, 2010.
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.
S.A.G. Solarstrom AG
Sasbacher StraÃe 5
79111 Freiburg
Contact:
Free information hotline on bond: 0800/880 11 35
E-Mail: anleihe@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
02.12.2010 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 corporate bond: EUR25 million placed
| Source: EQS Group AG