Corporate | 27 February 2012 17:15
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SINGULUS TECHNOLOGIES AG / Key word(s): Issue of Debt/Bond
Press Release Singulus Technologies Aktiengesellschaft issues Corporate Bond with a Coupon of 7.75 % p.a. – Development of new Blu-ray and Solar production equipment – Further expansion in MRAM market – Set-up of new business areas planned Kahl am Main, February 27, 2012 – Singulus Technologies Aktiengesellschaft (SINGULUS) is issuing a corporate bond with an issuance volume of up to EUR 60 million with an annual coupon of 7.75 % and a term to maturity of 5 years (ISIN: DE000A1MASJ4 / WKN: A1MASJ). The bond subscription period will run from 12 March 12 until 20 March 2012, subject to earlier close. The bond is expected to be listed on the Open Market of Deutsche Börse AG in the ‘Entry Standard for Bonds’ segment of the Frankfurt Stock Exchange from 23 March 2012. With the proceeds from the issue, SINGULUS plans to finance larger projects in the Solar division, the expansion of system partnerships with producers of thin-film solar cells, the development of new products for the Solar division and the development of production equipment for the next generation of Blu-ray Discs. Moreover, SINGULUS intends to set-up new business areas in the field of vacuum coating technology by means of research and development and acquisitions of companies or company divisions. SINGULUS’ goal is to attain a leading position in the silicon and thin-film solar technology as a machine supplier as well as a development partner for new cell concepts and to extend the market leadership in the Optical Disc segment for dual-layer Blu-ray Disc production equipment. In addition, the company is reviewing sectors and operational areas, where additional market segments can be developed on the basis of the present know-how in the area of vacuum coating. Dr.-Ing. Stefan Rinck, Chief Executive Officer of Singulus Technologies Aktiengesellschaft: ‘We possess proven know-how in the manufacturing of machines for the vacuum coating of various materials. We intend to make use of this know-how in the future to develop additional application areas. Hence, we are currently reviewing several opportunities which also include an acquisition.’ Dr. Rinck adds: ‘In the course of the apparently growing market for the MRAM semi-conductor technology we will also strengthen our business activities in the Nano Deposition segment.’ Institutional investors will be able to subscribe the bond through the Sole Global Coordinator and Bookrunner Close Brothers Seydler Bank AG, Frankfurt am Main. From the first subscription day onwards, retail investors can subscribe to the bond on the Frankfurt Stock Exchange via their house or depositary bank. The prospectus for the security, which was approved by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) as of today, is the basis for the public offering of the bond. Basic Bond Facts:
Singulus Technologies Aktiengesellschaft, Hanauer Landstraße 103,
Kontakt:
Disclaimer
Contact: SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890 Contact: Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440 612, Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6181 98280 20 / +49 (0) 170 9202924 End of Corporate News 27.02.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | SINGULUS TECHNOLOGIES AG | |
| Hanauer Landstrasse 103 | ||
| 63796 Kahl am Main | ||
| Germany | ||
| Phone: | +49 (0)1709202924 | |
| Fax: | +49 (0)6188 440-110 | |
| E-mail: | bernhard.krause@go-metacom.de | |
| Internet: | www.singulus.de | |
| ISIN: | DE0007238909 | |
| WKN: | 723890 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP News-Service |
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