EQS-Adhoc: SANHA GmbH & Co. KG: SANHA GmbH & Co. KG resolves issue of 8.75 % corporate bond and plans early refinancing of the 2013/2026 bond

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SANHA GmbH & Co. KG resolves issue of 8.75 % corporate bond and plans early refinancing of the 2013/2026 bond

• Issue volume of up to EUR 20 million with a fixed interest rate of 8.75 % p.a. and a term of five years
• Exchange offer for holders of bond 2013/2026 (ISIN:DE000A1TNA70) starts on Friday, 6 November 2024
• Subscription period for the public offer of the corporate bond begins on 5 November 2024 (via the issuer's website) and on 18 November 2024 (via the subscription functionality of Deutsche Börse)

Essen, 4 November 2024 - SANHA GmbH & Co. KG, one of the leading manufacturers of piping systems, today decided to issue a corporate bond in the amount of up to EUR 20 million (ISIN: DE000A383VY6, the "Bond 2024/2029"). The Bond 2024/2029 has a term of five years. The annual fixed interest rate is 8.75 %. The main purpose of the issue of the 2024/2029 bond is the early redemption of the corporate bond 2013/2026 (ISIN: DE000A1TNA70, the "Bond 2013/2026") with an outstanding total nominal amount of EUR 33.659 million.

The public offering of the Bond 2024/2029 is to take place in Germany and Luxembourg. The offering includes a public exchange offer to the holders of Bond 2013/2026, which will commence on 6 November 2024 and is expected to end on 2 December 2024, 6:00 p.m. For each note of Bond 2013/2026 exchanged, the noteholders will receive a bearer bond of the Bond 2024/2029 with a nominal value of EUR 1,000.00 each, a cash settlement amount of EUR 30.00 and accrued interest (Stückzinsen).

The subscription period for the public offer of the Bond 2024/2029 via the issuer's website will commence on 5 November 2024 and is expected to end on 3 December 2024, 12:00 noon, the public offer via the subscription functionality of Deutsche Börse will commence on 18 November 2024 and is expected to end on 6 December 2024, 12:00 noon.

The Bond 2024/2029 is also to be offered to investors from Germany and selected countries in and outside Europe by way of a private placement. The private placement will be accompanied by Quirin Privatbank AG as Lead Manager and CapSolutions AG as Selling Agent. Lewisfield Deutschland GmbH is acting as financial advisor.

The securities prospectus required for the implementation of the public offer in Germany and Luxembourg has been filed with the Luxembourg Financial Supervisory Authority Commission de Surveillance du Secteur Financier (CSSF) and a notification for the implementation of the public offer in Germany has been applied for. Approval of the securities prospectus is expected to take place today, 4 November 2024.

The Bond 2024/2029 is expected to be included in trading on the Quotation Board of Deutsche Börse AG (Regulated Unofficial Market (Freiverkehr) of the Frankfurt Stock Exchange) on 10 December 2024.

Bernd Kaimer, managing director and shareholder of SANHA GmbH & Co. KG: "With the issue of the Bond 2024/2029, the family business, which has been in existence for 60 years, wants to diversify its financing structure and make it future-proof."

About SANHA

SANHA GmbH & Co. KG is a leading manufacturer of piping systems. The products of the 100% family-owned industrial company are used in many sectors, including building services, refrigeration technology, fire protection and numerous industrial applications such as technical gases. SANHA GmbH & Co. KG holds around 250 product certifications for the various applications. The company from Essen, Germany, has around 700 employees and is active in 50 countries worldwide. Around 10,000 products, primarily piping systems made of copper, copper alloys, stainless steel, carbon steel and plastic, are manufactured in four plants in Germany and other European countries.

Investor Relations / Press:

Jonas Schneider, Johannes Kaiser
IR.on AG
Telephone: +49221-914097-38
E-Mail: SANHA@ir-on.com

2021969  04-Nov-2024 CET/CEST