Gubor Schokoladen Extends Bond Subscription Period and Implements Trustee Model

Gubor Schokoladen GmbH, based in Dettingen unter Teck, has announced adjustments to its bond offering terms and extended the subscription period for the Gubor Bond 2024/2029. The company introduced a trustee model, appointing MSW GmbH as the trustee, ensuring that gross proceeds are secured in a trust account. The release of funds depends on a financial confirmation guaranteeing 18 months of financing.

This change aims to enhance investor security concerning the proceeds' use, particularly for refinancing bank loans and acquiring Hans Riegelein & Sohn GmbH. The bond's subscription period is extended by seven days across various platforms. The Public Offer via the issuers' website ends on 2nd December 2024, while via DirectPlace on 4th December 2024. The final interest rate and volume will be determined and announced on 4th December.