HÖRMANN Group repays bond early

Following the successful placement of its new 2019/2024 bond, HÖRMANN Industries GmbH today prematurely terminated all outstanding portions of the 2016/2021 corporate bond issued in November 2016 (WKN A2AAZG / ISIN DE000A2AAZG8) with a total volume of EUR 30 million and a coupon of 4.50%.

The complete repayment of the outstanding bonds took place on 21 November 2019, amounting to 101.5% of the nominal value plus interest accrued up to and including 20 November 2019.