Ad-hoc announcement: Board of Management resolves premature redemption of corporate bond as of February 25, 2013
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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