Greencells GmbH plans early termination and redemption of the secured Green
Bond 2020/2025 at 102% of the nominal amount, probably in the second quarter of
2024
EQS-Ad-hoc: Greencells GmbH / Key word(s): Bond
Greencells GmbH plans early termination and redemption of the secured Green
Bond 2020/2025 at 102% of the nominal amount, probably in the second quarter
of 2024
26-Apr-2024 / 14:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Greencells GmbH plans early termination and redemption of the secured Green
Bond 2020/2025 at 102% of the nominal amount, probably in the second quarter
of 2024
Saarbrücken, 26 April 2024 - The Management of Greencells GmbH plans to
early redeem its secured 6.5% Green Bond 2020/2025 (ISIN: DE000A289YQ5) with
an outstanding volume of EUR 45.1 million, subject to the minimum notice
period of 30 days in accordance with the bond terms and conditions, probably
in the second quarter of 2024 and repay it at 102% of the nominal amount
(optional redemption amount (call)) plus interest accrued up to that date.
The redemption of the Green Bond is to be made from bank financing, which
Greencells Energy NL B.V., a subsidiary of Greencells Group Holdings Ltd. is
to receive from an international bank from Austria and pass on to Greencells
GmbH for the purpose of redeeming the bond and in fulfillment of liabilities
to Greencells GmbH. As the disbursement of the funds is still subject to
various conditions precedent, not all of which are currently fulfilled, the
specific date for the early redemption of the outstanding bonds will only be
announced in the context of a notice of termination expected to be published
in the second quarter of 2024. The notice of termination will be published
on the website of Greencells GmbH ( www.greencells.com/de/ir/) in accordance
with the bond terms and conditions and will also be disclosed in the Federal
Gazette ("Bundesanzeiger").
Notifying person:
Andreas Hoffmann (CEO)
Greencells GmbH
Greencells contact: Alexandra Financial press contact: Frank
Roger-Machart Head of Corporate Ostermair, Linh Chung
Communications, ESG and IR frank.ostermair@better-orange.de
ir@greencells.com | Mobil: +49 172 Phone: +49 89 88 96906 25 Better
397 0957 Greencells GmbH Orange IR & HV AG Haidelweg 48
Bahnhofstr. 28 66111 Saarbrücken 81241 Munich Germany
Germany www.greencells.com www.better-orange.de
End of Inside Information
---------------------------------------------------------------------------
26-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
---------------------------------------------------------------------------
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: 1890627
End of Announcement EQS News Service
---------------------------------------------------------------------------
1890627 26-Apr-2024 CET/CEST