DGAP-News: Enterprise Holdings Limited / Key word(s): Issue of Debt/Bond Enterprise Holdings Limited: Enterprise Holdings Limited Places Corporate Bond 2015/2020 - Books closed, no Further Placement - Trading Starts on Monday, March 30, 2015 27.03.2015 / 17:41 --------------------------------------------------------------------- Enterprise Holdings Limited Places Corporate Bond 2015/2020 Books closed, no Further Placement Trading Starts on Monday, March 30, 2015 Enterprise Holdings Limited has finished the issue of its second corporate bond 2015/2020 (ISIN: DE000A1ZWPT5, Ticker E0HB) at the Frankfurt Stock Exchange. It has an interest rate of 7.00% p.a. and matures in March 2020. The subscription period as well as the exchange offer period for the old bond ended yesterday at 4:00pm. The books are closed now. Lead Manager and Bookrunner of the transaction is VEM Aktienbank AG, Munich. Issue Volume During the subscription period the demand came from qualified institutional European investors as well as from retail investors. The total issue volume is EUR 19.3 m including the exchange offer. Exchange Offer Result From the exchange offer scheduled at the same time, holders of the bond issued in September 2012 and maturing in 2017 (ISIN: DE000A1G9AQ4) exchanged EUR 6.3 m into the new bond. Therefore the total volume of the first bond 2012/17 now is EUR 28.7 m. Future Growth "Under the current difficult market situation we are satisfied with the result of the placement and can advance the company's goals with the capital we have raised," comments Andrew John Flowers, Chairman of the Enterprise Holdings Limited. The Executive Board of Enterprise intends to use the net issue proceeds primarily for further organic growth. Trading, Rating, Covenants Trading starts at March 30, 2015 at the Frankfurt Stock Exchange, the bond is listed at the Entry Standard. The bond 2015/20 received a BBB+ Rating by Creditreform Rating AG. In the terms and conditions of the bond the company is committed to disclose quarterly financial reports. Similar to the first bond a special account provides security to bond holders for the annual interest payments. End of corporate news Enterprise Holdings Ltd. Group - an owner-lead insurance firm Lead by its founder the company holds several other subsidiaries together with affiliated service companies. The Group offers independent white label general insurance solutions, apart from life insurance products. The affiliated companies deliver insurance specific auditing services as well as administrative and marketing services. The Group focuses its activities on high-yield niches within the European general insurance market. The main category of the offered insurances is in the field of automobile damage and third party insurance, legal costs insurance, household contents insurance and guarantees. Main markets are currently the United Kingdom, France, Greece and Italy. Bond issue 2012/17 Enterprise Holdings' corporate bond 2012/17 is listed in the Entry Standard segment at Boerse Frankfurt (International Security Identification Number (ISIN): DE000A1G9AQ4). The follow-up rating in 2014, as well as in 2013, confirmed the A- rating that has been achieved in August 2012 when Enterprise Holdings issued the 35m euro bond. For more information about the bonds please visit our website, especially the sections "Bond 2015/20" and "Bond 2012/17" at www.enterprise-holdings.de Bond Investor Relations / Press Please direct all your requests to: max. Equity Marketing GmbH Maximilian Fischer Marienplatz 2 80331 Munich, Germany Tel: +49 89 139 28890 E-Mail: ir@enterprise-holdings.de IMPORTANT NOTE - Disclaimer Prospective investors of the Securities should recognise that the Securities constitute a risk investment, which can lead to a total loss of their investment in the Securities. Potential investors must therefore be prepared and able to sustain a partial or even a total loss of the invested capital. Any investors interested in purchasing the Securities should assess their financial situation, to ensure that they are in a position to bear the risks of loss connected with the Securities. Therefore, please contact your credit and securities institutions. The admissibility of the acquisition of a security may at various conditions, especially your nationality be bound. Please inform yourself before an investment. This information does not constitute an offer to sell or a solicitation of an offer to purchase any securities of Enterprise Holdings Limited ("issuer"). A decision on an investment in the securities of the issuer may only be made on the basis of the securities prospectus ("prospectus") which is approved by the Federal Financial Supervisory Authority (BaFin) and is published on the website www.enterprise-holdings.de. Only the information contained in the prospectus is binding in connection with the offer. This information may not be disseminated outside of Germany and Austria, in particular not in the United States, to US Persons according to regulation S of the US Securities Act of 1933 or to publications with a general circulation in the United States. Any person who fails to comply with these restrictions may violate the security laws of certain jurisdictions, in particular of the United States. Bonds in Enterprise Holdings Limited are not publicly offered outside of Germany and Austria. The Notes will not be registered under the Securities Act of 1933, or any applicable state or foreign securities laws, and are subject to substantial restrictions on transfer. In particular, the Notes may not be offered or sold in the U.S., or to or for the benefit of U.S. persons, absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act. The securities mentioned in this press release are not being and will not be offered for sale to the public in the United States, Australia, Canada and Japan. --------------------------------------------------------------------- 27.03.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 338703 27.03.2015
DGAP-News: Enterprise Holdings Limited: Enterprise Holdings Limited Places Corporate Bond 2015/2020 - Books closed, no Further Placement - Trading Starts on Monday, March 30, 2015
| Source: EQS Group AG