End of placement: 21/03/2012
Amount: 50 mln
Trade: 1.000
Coupon: 8,75%
Maturity: 23/03/2017
Isin: DE000A1MLSJ1
Rating: BB+
Website:
www.ekosem.de
Interessante da sottoscrivere
Ekosem agricultural GmbH offers 8.75% pa
Subscription period: 12.03.-03.21.2012
The Ekosem agricultural GmbH, the German holding company focused on milk production Ekoniva Group, has announced the details of its planned corporate bond in the amount of up to 50 million €. The Ekosem-agricultural loan (TSX: A1MLSJ, ISIN: DE000A1MLSJ1) is equipped with a fixed interest rate of 8.75% per annum and a maturity of 5 years. The subscription period of the agricultural security is expected to run from 12 March to 21 March 2012. The issue is aimed at institutional investors and asset managers as well as private investors. It would have a recording of the security in the commercial segment Bondm the Stuttgart Stock Exchange. This goes Ekosem Agriculture in 2012, the first bond, which is listed in the segment Bondm. Private investors can acquire the 1,000 € nominal fractional bond directly to their bank by submitting a buy order at the Stuttgart Stock Exchange. Ekosem Agriculture is one with an agricultural area of 160,000 hectares (equivalent to about two thirds the size of the Saarland) and currently around 30,000 cattle , including 12,000 milk cows, one of the leading agricultural companies in Russia. In the past fiscal year, operating profit of the company rose by 557% to 13.8 million €. The bond serves as the company to finance further growth and to optimize the financing structure. The organization recognized by the BaFin, European rating agency, Creditreform has the Ekosem agricultural GmbH with a rating of BB + is a certified, compared to the overall economy than average credit. put the group which now has about 3,000 employees in the agricultural sector from the start to a sustainable business model based on the highest quality standards . Thus, the company has developed in just a few years to become the third largest milk producer in the country. The annual milk production was in the last fiscal year with more than 50,000 tons, an increase of 70% over the previous year. For the current fiscal year, 80,000 tons are planned. In addition, agricultural Ekosem one of the major seed companies and is currently expanding its business with premium beef in Russia significantly. provide for agriculture in Russia is an exciting prospect. It is the largest country in the world and the black earth region where Ekosem Agriculture is mainly active, is considered one of the richest agricultural areas in the world. The conditions in the dairy market could hardly be better. Thus, the milk price is 44 € cents with currently significantly above the national level. The reason for milk products is the self-sufficiency in Russia only 60%. Approximately 8 million tonnes of milk equivalent, must be imported annually. This corresponds to the production of one million dairy cows. Wolfgang Blasi, CFO and CEO of the Agriculture Ekosem GmbH: "We have gained in recent years, a leading market position. We intend to continue to expand and grow profitably within our established business model to the existing six sites. ' By 2015, the Company plans to increase the number of milk cows on 21,000 and 230,000 hectares of agricultural land on it.
