Homann Holzwerkstoffe Initiates New Bond Subscription via DirectPlace

Homann Holzwerkstoffe GmbH has commenced the public offering of its 2025/2032 bond through Deutsche Börse's DirectPlace. The bond, valued at up to EUR 120 million, features a seven-year term and an annual interest rate between 6.5% and 7.5%. Subscription is open from May 9 to May 19, 2025, accessible to investors in Germany and Luxembourg, with potential private placements in select countries. The final interest rate will emerge post-subscription.

The company aims to use the bond proceeds to refinance its maturing 2021/2026 bond and enhance existing facilities. Production has already begun at its new Lithuanian site, signaling growth in their European market footprint.

Regulatory approval for the initiative has been granted by the CSSF in Luxembourg, with further plans to list the bond on the Frankfurt and Oslo Stock Exchanges.