ProCredit Holding AG has successfully placed EUR 125m Green Tier 2 Bonds

EQS-News: ProCredit Holding AG / Key word(s): Bond/Bond
ProCredit Holding AG has successfully placed EUR 125m Green Tier 2 Bonds

25.04.2024 / 14:36 CET/CEST
The issuer is solely responsible for the content of this announcement.

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ProCredit Holding AG has successfully placed EUR 125m Green Tier 2 Bonds

Frankfurt/Main, 25 April 2024 - ProCredit Holding has successfully placed
green Tier 2 subordinated bonds with international and domestic
institutional investors. The transaction took place just four weeks after
the Management Board of ProCredit Holding published and presented to the
capital markets the updated business strategy for the ProCredit group, which
envisages ambitious growth in the coming years. The strong demand for the
bond enabled ProCredit Holding to increase the originally expected placement
volume from EUR 100m to EUR 125m. This transaction will increase the
ProCredit group's total capital ratio by approximately two percentage
points. It stood at 15.8% at the end of 2023.

'We are very pleased with the swift conclusion of this transaction. At our
Capital Markets Day on 21 March 2024, we laid out how we aim to grow our
loan portfolio to more than EUR 10bn as well as more than double the number
of our clients over the coming years. This green bond placement helps pave
the way for this ambitious growth and demonstrates at the same time a strong
level of investor confidence in our updated strategy' said Hubert
Spechtenhauser, Chairperson of the Management Board of ProCredit Holding AG.

Goldman Sachs Bank Europe SE acted as Sole Global Coordinator and Sole
Bookrunner for the transaction. The bonds are rated BB- by Fitch Ratings and
listed on the Euro MTF market of the Luxembourg Stock Exchange.

Contact:

Martin Godemann, Group Funding, ProCredit Holding, Tel.: +49 69 95 14 37
160,
E-mail: Martin.Godemann@procredit-group.com

About ProCredit Holding AG

ProCredit Holding AG, based in Frankfurt am Main, Germany, is the parent
company of the development-oriented ProCredit Group, which consists of
commercial banks for small and medium enterprises (SMEs). In addition to its
operational focus on South Eastern and Eastern Europe, the ProCredit group
is also active in South America and Germany. The company's shares are traded
on the Prime Standard segment of the Frankfurt Stock Exchange. The main
shareholders of ProCredit Holding AG include the strategic investors
Zeitinger Invest GmbH and ProCredit Staff Invest GmbH & Co KG (the
investment vehicle for ProCredit staff), KfW, the Dutch DOEN Participaties
BV and the European Bank for Reconstruction and Development. As the group's
superordinated company according to the German Banking Act and as the parent
financial holding company of the ProCredit financial holding group,
ProCredit Holding AG is supervised on a consolidated level by the German
Federal Financial Supervisory Authority (Bundesanstalt für
Finanzdienstleistungsaufsicht, BaFin) and the German Bundesbank. For
additional information, visit: https://www.procredit-holding.com/

Disclaimer

This announcement does not constitute an offer of securities for sale or a
solicitation of an offer to purchase securities. Neither this announcement
nor anything contained herein shall form the basis of, or be relied upon in
connection with, any offer or commitment whatsoever in any jurisdiction.

This communication is an advertisement. The final prospectus in relation to
the bonds is available on the website of the Luxembourg Stock Exchange
(www.luxse.com).

This announcement does not constitute an offer to sell or a solicitation of
an offer to purchase any securities in the United States. Any securities
referred to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended (the 'Securities Act'), or the laws of
any state within the U.S., and may not be offered or sold in the United
States absent registration or an applicable exemption from registration or
in a transaction not subject to the registration requirements of the
Securities Act. There will be no offering of the securities in the United
States. This announcement and the information contained herein may not be
distributed or sent into the United States, or in any other jurisdiction in
which offers, or sales of the securities described herein would be
prohibited by applicable laws and should not be distributed to publications
with a general circulation in the United States. The bonds are being offered
and sold outside the United States only in reliance on Regulation S under
the Securities Act.

In the United Kingdom, this announcement is only being distributed to and is
only directed at (i) persons who have professional experience in matters
relating to investments falling within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order')
and (ii) high net worth entities falling within Article 49(2) of the Order
and (iii) persons to whom it would otherwise be lawful to distribute it (all
such persons together being referred to as 'relevant persons'). The bonds
are only available to, and any invitation, offer or agreement to subscribe,
purchase or otherwise acquire such bonds will be engaged in only with,
relevant persons. Any person who is not a relevant person should not act or
rely on this announcement or any of its contents.

None of the sole bookrunner or any of its directors, officers, employees,
advisers or agents accepts any responsibility or liability whatsoever for or
makes any representation or warranty, express or implied, as to the truth,
accuracy or completeness of the information in this announcement (or whether
any information has been omitted from the announcement) or any other
information relating to ProCredit Holding or any of its subsidiaries or
associated companies, whether written, oral or in a visual or electronic
form, and howsoever transmitted or made available or for any loss howsoever
arising from any use of this announcement or its contents or otherwise
arising in connection therewith.

The sole bookrunner has acted exclusively for ProCredit Holding and no one
else in connection with the transaction. It will not regard any other person
as its clients in relation to the transaction and will not be responsible to
anyone other than ProCredit Holding for providing the protections afforded
to their respective clients, nor for providing advice in relation to the
transaction, the contents of this announcement or any arrangement or other
matter referred to herein.

Forward-looking statements

This press release contains statements relating to our future business
development and financial performance, as well as statements relating to
future actions or developments affecting ProCreditHolding which may
constitute forward-looking statements. Such statements are based on the
management of ProCredit Holding's current expectations and specific
assumptions, many of which are beyond the control of ProCreditHolding. They
are therefore subject to a multitude of risks, uncertainties and factors.
Should one or more of these risks or uncertainties materialise, or should
underlying expectations or assumptions prove incorrect, then the actual
results, performance and achievements (both negative and positive) of
ProCredit Holding may differ significantly from those expressed or implied
in the forward-looking statement. Beyond the legal requirements, neither
ProCredit Holding nor the sole bookrunner undertakes any obligation to
update these forward-looking statements or to correct them in the event of
deviations from the expected development.


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25.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
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Archive at www.eqs-news.com

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   Language:       English
   Company:        ProCredit Holding AG
                   Rohmerplatz 33-37
                   60486 Frankfurt am Main
                   Germany
   Phone:          +49-69-951437-0
   Fax:            +49-69-951437-168
   E-mail:         pch.info@procredit-group.com
   Internet:       www.procredit-holding.com
   ISIN:           DE0006223407, DE000A289FD2, DE000A3E5LD7, DE000A0N37P3,
                   DE000A161YW4, DE000A3MP7Z1, DE000A289E87, DE000A3E47A7,
                   DE000A2YN7F2, DE000A2YN017
   WKN:            622340
   Indices:        im Freiverkehr der Frankfurter Wertpapierbörse
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1889711

End of News EQS News Service
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1889711 25.04.2024 CET/CEST