Credit Relations

Information on the change in the bond terms and conditions for the EUR 12,000,000.00 bearer bonds

(WKN A2AA5H / ISIN DE000A2AA5H5)

Exchange identifier WKN A2AA5H / ISIN DE000A2AA5H5
Total nominal value EUR 12,000,000.00
Issue date/Interest from July 22, 2016
Running time The term of the bond will be extended by five years from July 22, 2021 to July 22, 2026. Ordinary repayment of the bond will therefore take place on July 22, 2026.
Denomination 120,000 bearer bonds with a nominal value of EUR 100.00 each
Coupon The bond will bear interest at 4.5% p.a. from July 22, 2021 until the end of the term. The half-yearly interest payment dates are adhered to. Interest payments are made every six months in arrears on January 22nd and July 22nd of each year.
Maturity Subject to early redemption, the Notes will be redeemed on July 22, 2026. The repayment amount will be increased by EUR 5.00 to EUR 105.00 for each bond with a nominal value of EUR 100.00. This increase also applies in the event of early repayment of the bond or termination of the bond by the bondholders.
Termination The Issuer is entitled to terminate all outstanding bonds in whole, but not in part, at any time with a notice period of at least 60 days and to repay them early at an amount of EUR 105.00 per bond, including accrued interest. Such a notice of termination is irrevocable. The bond terms and conditions provide for further termination options for the bonds.
Joint Representative Resolution on the appointment of a new joint representative
The bondholders received the supplementary application of HFMB Vermögensverwaltung GmbH, which has been published in the Federal Gazette and on the website of the issuer since April 1, 2021, with 35,845 YES votes (this corresponds to 99.21% of the valid votes cast on) and 284 NO votes decided:

"The C&P Treuhand- und Beratungsgesellschaft mbH Wirtschaftsprüfungsgesellschaft is appointed as the joint representative of the bondholders. In this function, the C&P Treuhand- und Beratungsgesellschaft mbH Wirtschaftsprüfungsgesellschaft receives the powers, rights and obligations that are provided for in the bond conditions for the joint representative."

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