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 18th. Netfonds intends to use the issue’s net proceeds for further acquisition purposes