PNE AG Increases Bond 2022/27 by €10 Million

PNE AG has announced an increase of its Bond 2022/27 by €10 million, bringing the total volume to €65 million. This adjustment was executed through a private placement targeting institutional investors with a prior demonstrated interest. The additional funds garnered from this bond increase are slated for supporting further growth and general corporate activities.

The bond, which is listed on the Frankfurt Stock Exchange's Quotation Board segment, reflects PNE AG's strategic financial maneuvers to reinforce its market position. B. Metzler seel. Sohn & Co. Aktiengesellschaft served as the Sole Lead Manager and Sole Bookrunner for this transaction, underscoring its role in facilitating the process effectively.

This development highlights PNE AG's proactive approach to leverage market opportunities and sustain its business expansion initiatives.