Greencells GmbH calls its secured Green Bond 2020/2025 early as of 29 July
2024 at 102% of the nominal amount
EQS-News: Greencells GmbH / Key word(s): Bond
Greencells GmbH calls its secured Green Bond 2020/2025 early as of 29 July
2024 at 102% of the nominal amount
28.06.2024 / 15:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Greencells GmbH calls its secured Green Bond 2020/2025 early as of 29 July
2024 at 102% of the nominal amount
Saarbrücken, 28 June 2024 - Greencells GmbH announces that it is calling
early its secured 6.5% Green Bond 2020/2025 (ISIN: DE000A289YQ5) with a
volume of around EUR 47 million in accordance with § 6 (3) of the bond terms
and conditions with effect from 29 July 2024. The bondholders are expected
to receive an early redemption amount of 102% of the nominal amount plus
interest accrued on the nominal amount up to and including 28 July 2024 for
the terminated bonds on that date in accordance with § 6 (3) of the bond
terms and conditions. As announced in April 2024, the redemption will be
made using bank financing.
The termination of the bonds was published today on the company's website at
www.greencells.com/de/ir and in the German Federal Gazette (Bundesanzeiger)
in accordance with § 14 (1) of the bond terms and conditions. Bondholders do
not need to take any action regarding the termination and redemption of the
bonds. The bonds are represented by a global certificate which is deposited
with Clearstream Banking AG, Frankfurt am Main, so that payments will be
made automatically via Clearstream Banking AG and the associated custodian
banks.
Andreas Hoffmann, CEO of Greencells GmbH: "We would like to thank all
investors for their trust and commitment to renewable energies. Capital
inflows from sustainable investments have contributed greatly to the record
growth of our industry. Our company will continue to be a strong player in
the energy transition and will prioritize the EPC business in the European
market due to historically high demand."
In addition to the existing "Full EPC" business, Greencells Group will also
place a stronger focus on the less capital-intensive "EPC light", "General
Contracting" and "Construction only" areas. At the same time, the sales
process for the development portfolio and the development platform of
Greencells Group Holdings Ltd. will be continued. Successful completion is
expected in the second half-year of 2024.
About Greencells GmbH:
Greencells GmbH is a global provider of EPC and O&M services specialized in
utility-scale solar power plants. Together with its sister company
Greencells Group Holdings Ltd. (together "Greencells Group"), which is
active worldwide as a solar project developer, the company has the know-how
in all project phases to optimally plan, finance, implement and operate
solar projects. Greencells GmbH, founded in 2009 and headquartered in
Saarbrücken, has around 90 employees as well as several hundred skilled
workers at the active construction sites. As one of the largest European
providers of solar power plants, Greencells Group has already been
successfully involved in the construction or planning of more than 150
photovoltaic plants with a total output of over 3 GWp in more than 25
countries.
Greencells contact: Alexandra Financial press contact: Frank
Roger-Machart | Head of Corporate Ostermair, Linh Chung
Communications, ESG and IR frank.ostermair@linkmarketservice
ir@greencells.com | Mobile: +49 s.eu Phone: +49 89 88 96906 25
172 397 0957 Greencells GmbH Better Orange IR & HV AG
Bahnhofstr. 28 66111 Saarbrücken Haidelweg 48 81241 Munich Germany
Germany www.greencells.com www.linkmarketservices.eu
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28.06.2024 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.
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Language: English
Company: Greencells GmbH
Bahnhofstraße 28
66111 Saarbrücken
Germany
Phone: 0681/9926690
E-mail: info@greencells.com
Internet: www.greencells.com
ISIN: DE000A289YQ5
WKN: A289YQ
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt, Hamburg, Hanover, Munich, Stuttgart,
Tradegate Exchange
EQS News ID: 1935795
End of News EQS News Service
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1935795 28.06.2024 CET/CEST