MLP Group is set to carry out another bond issue worth €20 million. The debt securities will be issued on November 17th 2021 and repurchased on May 17th 2024.
The Management Board of MLP Group has passed a resolution to issue 20,000 unsecured Series D bonds with a nominal value of €1,000 per bond. The bonds will be offered to qualified buyers. The bonds will be issued on November 17th 2021 at an issue price of €1,000 per bond. Their maturity date is May 17th 2024. The issue will raise €20 million for MLP Group.
‘Recently, we have held a series of meetings with investors who confirmed their interest in taking up bonds and funding growth of MLP Group. Also, we are satisfied with the coupon rate, which currently stands at around 1.70%,’ said Monika Dobosz, CFO at MLP Group S.A.
The transaction is yet another bond issue carried out by MLP Group in recent months. The Group has already raised €50.1 million through share and bond issues this year. Issue proceeds are used mainly to support business growth in Germany, Austria and Poland and to purchase land for new projects.
Sign up today for the latest news