Basic Data

Bond 2020/2025

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
Issue price100%
Denomination1
Value date24.02.2020
Term5 years: 24.02.2020 – 24.02.2025 (excluding)
Interest paymentAnnually, in arrears on 24.02 of each year (first time 2021)
Repayment date24.02.2025
Repayment amount100%
StatusNot subordinated, not secured
Issuer’s special right of terminationFrom 24 February 2023 at 102% of the nominal amount
From 24 February 2024 at 101% 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