Homann Holzwerkstoffe GmbH to Redeem 2021/2026 Bond Early

Homann Holzwerkstoffe GmbH, a key supplier in the wood fibreboard industry, has announced an early redemption of its 2021/2026 bond. The redemption date is set for June 13, 2025, affecting notes that were not part of a recent exchange offer.

The bond in question, identified by ISIN: DE000A3H2V19, will be redeemed at a price of 101.5% of its nominal value on June 16, 2025. This will include accrued interest up to June 13, 2025.

The decision follows the issue of a new corporate bond for 2025/2032 (ISIN: NO0013536169), with an exchange option that was taken up by around 46% of investors. The company, headquartered in Munich, focuses on the European market, providing refined wood products for the furniture and door industries.