To support the company's ongoing expansion and facilitate the connection of more wind, solar, and storage projects to the grid, ABO Wind Aktiengesellschaft will publicly offer a corporate bond with a target volume of up to €50 million.
The subscription period ends on 2 May 2024 at 12 pm Central European Summer Time (CEST), unless the offer period is extended or shortened. ABO Wind is issuing the bond, which matures on 8 May 2029, with an interest rate in the nominal range of 7.00% - 8.00% per annum and a denomination of €1,000.00 each. The final interest rate of the bond is expected to be determined in a book building process after the offer ends on 2 May 2024. The net proceeds from the bond issue, up to €48 million, will be allocated for financing current and future renewable energy and storage projects. The offer includes a public offer in the Federal Republic of Germany, the Grand Duchy of Luxembourg, and Austria, as well as a private placement in the Federal Republic of Germany and other countries excluding the United States of America, Canada, Australia, and Japan.
