Nexway AG places EUR 8 million bondApril 09, 2020
Insider Information pursuant to Article 17 of the Market Abuse Regulation (MAR)
April 9, 2020, Karlsruhe/Paris – Nexway AG (Ticker Symbol: NWAY, ISIN: DE000A2E3707, WKN: A2E370) has placed a bond with a volume of EUR 8 million and an interest rate of 10% with institutional investors by way of a private placement. The new, secured Nexway bond (ISIN: DE000A2YN140, WKN A2YN14) has a term of 15 months and quarterly interest payments. The use of the proceeds is without any restrictions for corporate purposes and includes financing of capital expenditures specifically associated with the Academics business unit. A stock exchange listing is currently not intended.
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