33.5 MILLION EUROS IN PROMISSORY NOTE BONDS SUCCESSFULLY PLACED / VERY FAVOURABLE RESPONSE
- Well over-subscribed in order books
- Favourable conditions secured over the long term for funding further growth within the framework of the »Strategy 2022«
Filderstadt, 17 October 2019 – All for One Group AG has issued further promissory note bonds in order to secure the currently particularly favourable conditions for funding growth in line with its »Strategy 2022« over the long term. Following its initial transaction in April 2013, which was followed up by a second in May 2017, the leading consulting and IT group was this time able to take advantage, not just of the favourable market conditions, but also and above all of the vastly heightened interest on the part of investors and of the company’s good credit rating.
The transaction totalling 33.5 million euros was arranged by Landesbank Baden-Württemberg, Stuttgart, and was well over-subscribed. As a result, not all orders could be considered, and the order books had to be closed ahead of the deadline. The combination of the broad network of investors of LBBW and the digital platform of Debtvision, a joint venture operated by Börse Stuttgart GmbH and Landesbank Baden-Württemberg, provided convincing results. Not only does the »Digital marketplace for promissory note bonds« enable investors to communicate directly with borrowers, it also allows the direct digital placement of »soft and firm orders«.
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Press release All For One Group AG