GÖRG advises Zeitfracht on the issue of a EUR 25 million corporate bond
Zeitfracht Logistik Holding GmbH, which is part of ZEITFRACHT Group, was comprehensively advised by GÖRG Partnerschaft von Rechtsanwälten mbB on its debut of a corporate bond issue with a volume of EUR 25 million. The Zeitfracht corporate bond 2021/2016 (WKN A3H3JC; ISIN DE000A3H3JC5) has a five-year term and an annual interest rate of 5%. The bond is included in the Open Market of the Frankfurt Stock Exchange (Quotation Board).
The securities prospectus was approved by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg and notified to the German Federal Financial Supervisory Authority (BaFin).
The subscription of the bond took place within the framework of a public offering via the subscription functionality DirectPlace of Deutsche Börse as well as via a private placement by the bank accompanying the issue.
Dr. Wolfram Simon-Schröter, CFO of Zeitfracht GmbH & Co. KGaA and Managing Director of Zeitfracht Logistik Holding GmbH, commented: "With our debut issue, we want to secure the further growth of the Zeitfracht Logistik Group. We plan to invest primarily in the areas of digitalization and sustainability and to grow further through targeted transactions."
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Michael Dolfen, Partner, Lead, Corporate Law, Cologne
Dr. Lutz Pospiech, Associated Partner, Capital Markets Law, Munich
Claus Christopher Schiller, Associated Partner, Capital Markets / Corporate Law, Cologne
Dr. Daniel Rubner, Counsel, Corporate Law, Munich
Tobias Reichenberger, Associate, Corporate Law, Munich
Zeitfracht Group is an owner-managed family business in its third generation with more than 3,000 employees, which is particularly active in the areas of logistics and system traffic, marine, real estate, technical building equipment as well as consulting.
Zeitfracht Logistik Holding GmbH is the strategic parent company of the Zeitfracht Logistik Group, which is a subgroup of the ZEITFRACHT Group.