Mutares successfully placed EUR 50 million in a Tap Issue of its existing bond issued in March 2023
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014
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Mutares successfully placed EUR 50 million in a Tap Issue of its existing bond issued in March 2023
Munich, 24 May 2023 – Today, Mutares SE & Co. KGaA (ISIN: DE000A2NB650) (“Mutares”) has decided to increase its EUR 100 million bond issued in March 2023 with 4-year maturity (ISIN: NO0012530965) (“Bond”) through an optional Tap Issue by an amount of EUR 50 million (“Tap Issue”). The amount of the Tap Issue has been successfully placed with institutional investors.
The new bonds will be included in the existing quotation of the Bond on the Regulated Unofficial Market (Freiverkehr) of the Frankfurt Stock Exchange. The net proceeds accruing to Mutares from the Tap Issue are to be applied to general corporate purposes and further portfolio growth, including the financing of further corporate acquisitions.
The transaction was advised by Pareto Securities and Arctic Securities as Joint Lead Managers, Noerr as legal advisor and Cross Alliance as communications advisor.
Important Notice
This release is an ad hoc notification pursuant to Article 17 of Regulation (EU) No 596/2014 on market abuse. It is neither a financial analysis nor advice or recommendation relating to financial instruments, nor does it contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities of Mutares to any person in Australia, Canada, Japan, or the United States of America (the “United States”) or in any jurisdiction to whom or in which such offer or solicitation is unlawful.
The securities referred to herein have not been and will not be registered under U.S. Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. The offer and sale of the securities referred to herein has not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada or Japan. There will be no public offer of the securities in the United States.
Certain statements in this ad hoc notification are forward-looking statements. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial consequences of the plans and events described herein. No one undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place any undue reliance on forward-looking statements which speak only as of the date of this ad hoc notification.