on DEAG Deutsche Entertainment Aktiengesellschaft (ETR:ERMK)
DEAG's EUR 75 Million Bond Issue Successfully Oversubscribed
On October 8, 2025, DEAG Deutsche Entertainment AG announced the successful placement of its 2025/2029 corporate bond, valued at EUR 75 million. The bond, which carries an annual interest rate of 7.75%, was met with significant demand, resulting in oversubscription from both institutional and private investors. This strong interest indicates confidence in DEAG's strategic growth plans.
The proceeds will be used for refinancing the existing 2023/2026 bond, fostering both organic and inorganic growth, and reducing minority interests. An exchange offer was extended to holders of the 2023/2026 bond, complemented by a public offer and a private placement. Approximately 40% of the old bond volume was successfully tendered for exchange.
DEAG plans to advance its Buy & Build strategy and sees promising growth, with expectations for improved EBITDA and rising revenue in 2025.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all DEAG Deutsche Entertainment Aktiengesellschaft news