BDT Media Automation GmbH to issue bond in Entry Standard Subscription period 24 September – 5 October 2012
BDT Media Automation GmbH is issuing a corporate bond in Deutsche Börse’s Entry Standard for bonds. Subscription to the bond (ISIN: DE000A1PGQL4) is expected to be possible until 5 October. The bond has a volume of up to €30 million, runs until 8 October 2017 and has an interest rate of 8.125 percent. Its nominal denomination is €1000.
Trading is planned to commence on 9 October 2012. Global coordinator, book runner and specialist is Close Brothers Seydler Bank AG, Frankfurt am Main.
“The BDT Media Automation GmbH bond will be the twelfth corporate bond to join the Entry Standard,” said Barbara Georg, Head of Listing & Issuer Services at Deutsche Börse. “Bonds in the Entry Standard are a simple and cost-effective financing alternative for SMEs.”
“As a worldwide leading technology company in the field of printer components and data storage systems, we want to continue growing in step with the demands of our clients, who include IBM, Dell, Fujitsu and HP. The bond is the right financing instrument for us, allowing us to advance promising projects even more quickly,” explained Rolf Ritter, manager and CEO of BDT Media Automation GmbH.
As a partner to industry, the internationally oriented BDT group develops and produces data storage solutions for securing and archiving large volumes of data (storage automation segment). It also specialises in paper and media handling applications for printing and packaging systems, providing technologies for the input and output of paper and other media (paper and media handling segment). In addition, BDT offers extensive technical services (technical services segment).
In 2011, the company generated a turnover of around €125.4 million, EBITDA of €11.91 million and net income of around €1.4 million.