Monaco, 15 March 2018
– R-esg电竞 S.A.R.L, an international specialist for strategic logistics and technology services for global merchandise flows, will issue a corporate bond (ISIN: DE000A19WVN8) carrying an annual coupon of 8.5% over a term of five years. The issue will amount to up to EUR 25 million. The company plans to use the proceeds from the issue for investments in the expansion of its business activities and to finance its working capital.
The issue comprises a public offer and a private placement. The public offer will be made in the Federal Republic of Germany (“Germany”) and the Grand Duchy of Luxembourg (“ Luxembourg ”) via the “DirectPlace” subscription function of the Frankfurt Stock Exchange in the XETRA trading system between 16 March 2018 and 27 March 2018, 12:00 h (subject to early closing) and additionally via an ad placed in Luxembourg. Between 16 March 2018 and 23 March 2018, an additional private placement to qualified investors will be made by R-esg电竞 S.A.R.L and BankM – Representative Office of FinTech Group Bank AG in its capacity as global coordinator and bookrunner. GBR Financial Services GmbH and STX Fixed Income B.V. will act as selling agents.
The corporate bond 2018/2023 will be admitted to the Open Market (Freiverkehr) of the Frankfurt Stock Exchange on the day of the issue, i.e. presumably on 29 March 2018. The securities prospectus is now available on the website of R-esg电竞 S.A.R.L (www.r-logitech.com) in the “Bond” section.
Based on a company history of its operating entities of over 40 years, R-esg电竞 has successfully established itself as an international provider of strategic logistics and transport solutions with special expertise on the African continent. The Group benefits from a strong market position supported by over 1,400 employees and locations in 22 countries. In the fiscal year 2017, R-esg电竞 generated consolidated sales revenues of EUR 40.6 million, consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR 12.8 million and a consolidated net income of EUR 9.8 million. As of 31 December 2017, the Group’s total assets amounted to EUR 74.8 million and the equity ratio stood at 34.7%. Based on the first-time full consolidation of the Necotrans entities taken over in October 2017 and the planned expansion of the business activities, sales revenues of EUR 100 – 120 million and a strong increase in earnings are projected for 2018.
Key data of the corporate bond 2018/2023
|Issue amount||Up to EUR 25 million|
|Public offer period:||16 March – 27 March 2018, 12:00 h (subject to early closing)|
|Private placement period:||16 March – 23 March 2018 (subject to early closing)|
|Value date||29 March 2018|
|Term||5 years: 29 March 2018 – 29 March 2023 (excluding)|
|Interest payment||Annually in arrears on 29 March of each year (in 2019 for the first time)|
|Redemption date||29 March 2023|
|Redemption price||100% of the nominal amount|
|Investor protection clauses||
|Termination right of the issuer||
|Stock exchange||Open Market of Deutsche Börse AG (“Freiverkehr” of the Frankfurt Stock Exchange)|
|Global Coordinator and Bookrunner||BankM – representative office of FinTech Group Bank AG|
|Selling Agents||GBR Financial Services GmbH, STX Fixed Income B.V.|
Securities transactions are associated with risks, especially the risk of a total loss of the invested capital. Prior to every investment decision, you should therefore seek personal advice taking your individual asset and investment situation into account and not base your investment decision solely on the information included herein. Please contact your credit and investment institution to this end. Whether you are permitted to buy a security may depend on different conditions – in particular your nationality. Please seek according advice before you make any investment decision. This document does not constitute an offer to sell or a solicitation to submit an offer to buy or subscribe for notes of R-esg电竞 S.A.R.L. The notes of the issuer are offered exclusively through and on the basis of the prospectus which was approved by the Commission de Surveillance du Secteur Financier (“CSSF”) of the Grand Duchy of Luxembourg on 15 March 2018, has been submitted to the responsible authorities in Germany and is available in electronic form for download in the “Bond” section of the website of R-esg电竞 S.A.R.L (www.r-logitech.com) as well as on the website of the Frankfurt Stock Exchange (www.boerse-frankfurt.de) and the Luxembourg Stock Exchange (www.bourse.lu). Only the information included in the prospectus is binding in connection with the offer. This document may not be brought into or published in the United States of America, Canada, Australia or Japan or any other country in which the distribution or publication of this document would be illegal. The notes will not be registered pursuant to the United States Securities Act of 1933 or any authority of a U.S. state or pursuant to the applicable securities regulations of Canada, Australia or Japan and may not be offered or sold in the United States of America or on behalf of or for the account of U.S. persons or other persons who are resident in the Unites States of America, Canada, Australia or Japan. There will be no public offer of the notes in the United States of America, Canada, Australia and Japan.
About R-esg电竞 S.A.R.L:
As a strategic logistics provider for a large number of African markets, R-esg电竞 manages ports and terminals with great reliability and high efficiency. The company additionally provides various logistics, transport, technology and procurement solutions for numerous international customers. In doing so, R-esg电竞 benefits from the long-standing know-how and the technical expertise of the European branches in Paris, Vienna, London and Monaco as well as from a strong international network in agricultural and industrial goods.
For further information:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
+49 (0)89 8896906-25
Fabrice Viguier (CEO)
+377 97 98 67 71