Football second division Schalke 04 has successfully placed the company bond 2022/2027 in the volume of 31.6 million euros, according to its own data.
The royal blue on Thursday announced. The aim of achieving between ten and fifteen million euros was significantly exceeded, S04 announced.
The bond 2022/2027 is intended to be used primarily for premature refinancing of the 2016/2023 bond due in the summer of 2023. This helps to further increase the financial ability to act. The foundation for athletic success should be manifested with it.
“The extremely successful issue of the bond shows how much our fans, members and investors want to shape the turned away. We are very happy about this great support,” said Christina Rühl-Hamers (45), member of the Executive Board and responsible for the area Finance.
The club have made important decisions in recent months, “to bring the club back to the right course. Lastly, we have made an extraordinary and only correct decision with the change of the main sponsor,” said Rühl-Hamers on behalf of the overall board: ” And we hope that now even the next and biggest step succeeds: the climb into the Bundesliga. “
The bond 2022/2027 is equipped with a fixed annual interest rate of 5.50 percent and a term until 5 July 2027 and a Bundesliga bonus, a unique bonus payment of two percent with rising of royal blue up to and including the 2025/2026 season.
The issue included a voluntary exchange offer for owners of the 2016/2023 bond. The exchange rate including multi-time option was around 57.3 percent or 19.5 million euros.