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Edisun Power Europe AG / Key word(s): Bond
Ad hoc announcement pursuant to Art. 53 LR
Investors send out a clear signal in favor of solar energy: Edisun Power bond heavily oversubscribed
The bond has been considerably oversubscribed with a total of CHF 39.3 million. The Board of Directors has decided to exercise the option in the issue prospectus and increase the size of the bond by CHF 19.3 million to CHF 39.3 million.
Edisun Power will use the funds to replace the 2% 2016-2021 bond for CHF 12.25 million due to expire on November 30, 2021 and to cover the Group's ongoing financial requirements.
Alongside the financial support, the company has detected a strong desire among investors for a rapid expansion of solar power production and a climate-neutral energy supply. This serves as encouragement for Edisun Power to advance even faster along the course embarked upon.
For more information
Edisun Power Group
End of ad hoc announcement
Edisun Power Europe AG
+41 44 266 61 20
+41 44 266 61 22
SIX Swiss Exchange
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