Basic Data

Bond 2020/2030

IssuerVeganz Group AG
VolumeUp to € 10 million
Placed volumeFull placement € 10.0 million (as of 31.12.2021)
ISIN / WKNDE000A254NF5/A254NF
Coupon7.5% p.a – plus PIK interest on the maturity date
Issue price100%
Denomination1
Value date24.02.2030
Term10 years: 24.02.2020 – 24.02.2030 (excluding)
Interest paymentAnnually, retroactively on February 24 of each year (for the first time in 2021)
The interest payment for 2025 has been deferred interest-free until the due date.
Repayment date24.02.2025
Repayment amount100%
StatusNot subordinated, not secured
Issuer’s special right of terminationFrom February 24, 2023, at 102% of the nominal amount
From February 24, 2024, at 101% of the nominal amount
From February 24, 2025, at 100% of the nominal amount
Termination rights of the bondholders and covenantsControl change
Third party default
Negative commitment to capital market liabilities
No unauthorized asset disposal
No unauthorized distributions (minimum equity ratio of 20% required)
No unauthorized loan granting
Reporting obligation
Applicable lawGerman law
ProspectusSecurities prospectus approved by the CSSF (Luxembourg) with notification to the BaFin (Germany)
Market segmentOpen market at the Frankfurt Stock Exchange
Financial AdvisorLewisfield Germany GmbH
Bond conditionsBond conditions