The Platform Group AG contemplates issuing a corporate bond
June 18, 2024 at 06:32 am
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EQS-Ad-hoc: The Platform Group AG / Key word(s): Bond/Issue of Debt
The Platform Group AG contemplates issuing a corporate bond
18-Jun-2024 / 07:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The Platform Group AG contemplates issuing a corporate bond
Düsseldorf, 18June 2024. The Platform Group AG contemplates issuing a new corporate bond under Norwegian law (Nordic Bond) with a target volume of EUR 25 million. The issue is to take the form of a private placement and a public offering in Germany and Luxembourg, which is targeted for June/July 2024. The public offer is subject to the approval of a securities prospectus by the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg. The proceeds from the bond issue will be used for the further growth of the company, in particular, the acquisition of four additional M&A targets in Q2 respectively Q3 2024. Upon approval, the securities prospectus will be published on the company's website at https://corporate.the-platform-group.com/ in the “Publications” section. Pareto Securities AS, Frankfurt Branch act as Lead Manager and bestin.capital GmbH and Lewisfield Deutschland GmbH as Financial Advisors for the transaction.
Contact:
Investor Relations
Reinhard Hetkamp, CFO and Head of IR ir@the-platform-group.com
Schloss Elbroich | Am Falder 4 | 40589 Düsseldorf | Germany corporate.the-platform-group.com
End of Inside Information
18-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Platform Group AG, formerly fashionette AG, is a Germany-based Company, which provides a platform for online shopping. The Company is engaged in providing software solutions that can be used in almost all sectors and industries. Its industries include the machinery trade, dental technology, car platforms, luxury fashion and furniture. The products are purchased by Business to Business (B2B) and Business-to-consumer (B2C) customers. The Company offers full-service package consisting of software solutions, logistics, marketing, customer support, payment, and customer reach. It operates 20 platforms in 18 different sectors.
THE PLATFORM GROUP AG 
