Author: scheich

Frankfurt/Main, March 10, 2025

Eleving Group S.A., a Riga-based micro lender for used cars and eMobility with focus on the Baltics, Eastern Europe and parts of emerging Africa has successfully tapped its outstanding high yield corporate bond 23/28 from formerly EUR 50mln to currently EUR 90mln. The newly issued and publicly offered EUR 40mln were mainly taken up by retail investors from the Baltics as well as a selective group of renown European institutions. Bankhaus Scheich was part of an international banking syndicate and acted as selling & listing agent. The newly issued bonds will be included into trading on the Regulated Markets of Frankfurt & Riga from March 14 onwards. The net proceeds will enable Eleving to further optimize its balance sheet as well as strengthen its key position in its core markets of Emerging Africa and Eastern Europe.

Frankfurt/Main, December 13,2024

Netfonds AG, one of the leading B2B2C-service providers for finance and insurance brokers on the German Markt has despite challenging market conditions successfully placed its new corporate bond on the back of a public offer and private placement with an issue volume of EUR 15mln. The bond pays a 7.00% p.a. coupon and has a 5 year maturity 24/29. Bankhaus Scheich acted as Orderbook-Manager for Deutsche Börse’s subscription facility DirectPlace as well as Listing & Selling Agent within the private placement. Moreover, Scheich is going to be the specialist for the issue on the Frankfurt Stock Exchange (Quotation Board), once trading starts on December 18^th. Netfonds intends to use the issue’s net proceeds for further acquisition purposes

Frankfurt/Main, November 8th 2024

On Thursday, November 7, more than 500 participants comprising Institutional Investors, domestic banks, leading law firms and service providers met at Riga’s incumbent Baltic Capital Markets Conference, organised by Signet Bank. Participants were presented with promising growth companies from the Baltics as well as numerous epochal subject-matters in regard to the development of the European Capital Markets. In one of several panel discussions, Bankhaus Scheich, represented by Arne Aßmann, Director Capital Markets, demanded more swiftness from decision-makers in regard to the implementation of the European Capital Markets Union (CMU), as propagated by former ECB chairman, Mario Draghi. Only fiscally and regulatorily harmonised and aligned Capital Markets within the EU could lead to sustainable competitiveness and mobilise private investments for future growth. Referring to the successful capital market transactions of Baltics issuers like 4Finance, IUTECredit, Amber Beverages and Eleving Group, listeners were presented the benefits of a dual listing on the Frankfurt Stock Exchange on the back of consistent IR activities to address the German-speaking investor base. Bankhaus Scheich is one of Frankfurt’s largest specialists, trading more than 5,000 different securities of mostly foreign issuers on a daily basis. The panel discussion was chaired by Andreas Heinzmann (Partner at GSK Stockmann) involving Santa Purgaile (Deputy Governor of Latvijas Banka), Uldis Cerps (Head of Finance Latvia Association) and Manfred Steinbeisser (Managing Director Aalto Capital).

Frankfurt/Main, October 11, 2024

Eleving Group S.A., a Riga-based micro lender for used cars and eMobility with focus on the Baltics, Eastern Europe and parts of emerging Africa has successfully launched its IPO in Frankfurt’s Prime Standard. Despite the current reservation among investors towards SmallCap companies, 15,882,353 new shares from a capital increase were successfully placed with institutional and retail investors throughout Europe. Moreover, the over-allotment option (“Greenshoe”) was  also picked up by market participants on the back of a healthy oversubscription. The issue was priced mid offer range at EUR 1.70 per share. Bankhaus Scheich acted as sales agent and orderbook-manager for Deutsche Börse’s subscription facility DirectPlace. First day of trading will be October 16, 2024 in the Regulated Market of the Frankfurt Stock Exchange with Bankhaus Scheich as specialist as well as NASDAQ Riga. The net proceeds of roughly EUR 27mln will enable Eleving to make use of lucrative opportunities in its emerging target markets as well as opening up new countries to its products.

Frankfurt/Main, 17. September 2024 The Munich-based Capital Markets Team of Bankhaus Scheich has recently moved into its new offices in the Neuhauser Straße 7, 80331 Munich. From now on, Small&MidCap companies will be advised and supported in all financing matters from these new premises, in central and exquisite location. Bankhaus Scheich focusses on the financing of European SMEs through the placement of equities and bonds with its broadly diversified, pan-european investor base.

Frankfurt/Main, August 7, 2024 Bankhaus Scheich has successfully been added to the list of Capital Market Coaches at the Vienna Stock Exchange. In this capacity, the bank advises small and medium-sized companies on their listing in the direct market plus segment for a period of at least one year as of the start of trading of the shares. In particular, Scheich provides advice and support in ensuring compliance of the key requirements and ongoing obligations under the Stock Exchange Act and applicable rules and regulations.

Frankfurt/Main, July 1, 2024 Bankhaus Scheich has been mandated as Capital Markets Partner for Averdion SE for its listing in the Primary Market Düsseldorf. Scheich will advise and support the company in meeting its listing obligations according to the terms&conditions of the Freiverkehr’s segment of the Düsseldorf Stock Exchange. AVERDION SE plans to generate income through the sale of marketable business concepts and technologies, particularly in the area of new media and through the provision of internet, logistics and digital services, as well as through consulting fees for the ongoing support of future thematic or project companies or through the sale realized by thematic or project companies.

Frankfurt/Main, May 23, 2024 Bankhaus Scheich has been mandated as Capital Markets Partner for Cerdios SE for its listing in the Primary Market Düsseldorf. Scheich will advise and support the company in meeting its listing obligations according to the terms&conditions of the Freiverkehr’s segment of the Düsseldorf Stock Exchange. CERDIOS SE plans to generate income through the sale of marketable business concepts and technologies, particularly in the area of new media and through the provision of internet, logistics and digital services, as well as through consulting fees for the ongoing support of future thematic or project companies or through the sale realized by thematic or project companies.

Eleving Group S.A., a Riga-based micro lender for used cars, has successfully issued its new 13% high yield corporate bond 23/28 in the amount of EUR 50 million. The Company focusses on innovative & sustainable lending solutions targeting specific layers of society in the Baltics, Eastern Europe and parts of emerging Africa. Bankhaus Scheich Wertpapierspezialist AG acted as sales agent for the DACH-region, orderbook-manager for Deutsche Börse’s subscription facility DirectPlace and listing agent for the issue’s forthcoming admission to the Regulated Market. Despite difficult market conditions, clouded by geopolitical tensions, the bond issue met strong demand from retail investors and distinguished institutional accounts in the Baltics, Germany and Switzerland. The net proceeds will enable Eleving to further refinance and optimise its debt structure thereby laying the cornerstone for future growth in upcoming markets.

Frankfurt/Main, October 14, 2022

Photon Energy N.V., an Amsterdam-based specialist for Renewable Energy Solutions, has once again successfully tapped its first 6.50% Green EUR Bond 2021/2027 under the lead management of Bankhaus Scheich Wertpapierspezialist AG in the amount of EUR 10 million. Despite difficult market conditions, the bond issue met strong demand from the Company’s existing bondholders, who subscribed to more than EUR 6 million in the concomitant exchange offer for the existing EUR Bond 2017/2022 as well as from new institutional investors across Europe. The Company intends to use the net proceeds of the green bond placement to finance or refinance, in part or in whole, new and/or existing eligible assets, as well as financial instruments that were used to finance such projects or assets, in accordance with the Company’s Green Finance Framework, enabling Photon Energy Group to make a significant contribution to an environmentally friendly future.