GÖRG advises Ekosem-Agrar AG on the successful issue of a third corporate bond with a volume of more than EUR 40 million

Munich, 02.08.2019

GÖRG Partnerschaft von Rechtsanwälten mbB advised Ekosem-Agrar AG, with a team led by the Munich capital markets partner Dr. Christian Becker, on the issue of a third corporate bond with a volume of more than EUR 40 million.

Ekosem-Agrar AG is the largest milk producer in Russia. The additional funds from the bond issue will be used to finance the purchase of farms and agricultural land.

The new Ekosem bond 2019/2024 has an annual interest rate of 7.50% and a term of five years. The transaction also included a voluntary exchange offer to holders of the 2012/2021 Ekosem bond, including a multiple purchase option for bondholders participating in the exchange. The public offering of the loans of Eksosem bond 2019/2024 took place in the Grand Duchy of Luxembourg and in Germany. The required securities prospectus was approved by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg and notified to the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

The transaction was accompanied by IR.on AG from Cologne in the areas of communication / investor Relations.

Advisors Ekosem-Agrar AG

GÖRG Partnerschaft von Rechtsanwälten mbB, Munich
Dr. Christian Becker, Partner, Capital Markets Law
Dr. Lutz Pospiech, Associated Partner, Capital Markets Law
Dr. Daniel Rubner, Counsel, Corporate
Dr. Josepha Rüberg, Associate, Corporate
Dirk-Fabian Göken, Associate, Tax

IR.on Aktiengesellschaft, Cologne
Fabian Kirchmann
Anna-Lena Mayer

About Ekosem-Agrar AG

Ekosem-Agrar AG, Walldorf, is the German holding company of the Ekoniva Group, one of the largest Russian agricultural companies. With a herd of almost 149,000 cattle in milk production (of which 77,640 are dairy cows) and a milk yield of approx. 2,070 tonnes of raw milk per day as of 30 April 2019, the company is the country's largest milk producer. The group controls an agricultural area of over 554,000 hectares and is also one of Russia's leading seed producers. The founder and CEO of the company is Stefan Dürr, who has been active in Russian agriculture since the late 1980s and has played a decisive role in its modernization over the last three decades. He was awarded the Federal Cross of Merit in 2009 for his services to the German-Russian Agricultural Dialogue. The group of companies is represented in nine regions of Russia with over 13,000 employees. In fiscal 2018, Ekosem-Agrar generated operating revenue of 377 million euros and adjusted EBITDA of 116 million euros.

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