21-01-2013 10:58 AM
News Detail – Hornbach Baumarkt AG

HORNBACH-Baumarkt-Aktiengesellschaft: Board of Management resolves premature redemption of corporate bond

HORNBACH-Baumarkt-Aktiengesellschaft / Key word(s): Bond
21.01.2013 11:58

Dissemination of an Ad-hoc-update according to § 15 WpHG, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

Board of Management resolves premature redemption of corporate bond
Bornheim, January 21, 2013. 
The Board of Management of Hornbach-Baumarkt-AG today resolved to redeem the corporate bond (ISIN: XS0205954778 / WKN: A0C4RP and ISIN: XS0205955312), with an originally agreed term running until November 15, 2014, prematurely as of February 25, 2013. Consistent with the contractually agreed termination conditions, the redemption price amounts to 100.00%. It is planned to refinance the redemption amount, with a nominal value of Euro 250 million, by issuing a new long-term bond. This is to be placed on the capital market at the latest by the end of the company’s 2012/2013 financial year (balance sheet date: February 28, 2013).

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Language:     English
Company: HORNBACH-Baumarkt-Aktiengesellschaft               Hornbachstraße
              76878 Bornheim bei Landau/Pfalz
Phone:        +49 (0)6348 / 60 00
Fax:          +49 (0)6348 / 60 40 00
E-mail:       info@hornbach.de
Internet:     www.hornbach.de
ISIN:         DE0006084403
WKN:          608440
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart  
End of Announcement DGAP News-Service