The public offering and private placement of the 6.5% Green Bond 2021/2026 begin today

The 6.5% Green Bond 2021/2026 (ISIN: DE000A3H3JV5) issued by hep global GmbH, an international specialist in the development, implementation, and operation of photovoltaic projects, as well as an investment manager for solar funds through its subsidiaries, is now open for subscription. Interested retail investors in Germany, Austria, and Luxembourg may submit their subscription offers during the offering period from April 29, 2021, through May 12, 2021, at 12:00 p.m. (subject to early closure) via their custodian bank using the “DirectPlace” subscription functionality of Deutsche Börse AG in the XETRA trading system. Institutional investors may subscribe directly through Quirin Privatbank AG in its capacity as bookrunner during the same period. Lewisfield Deutschland GmbH is acting as financial advisor.

Approximately 75% of the proceeds from the offering are earmarked for financing the acquisition of future photovoltaic projects in the early-stage and active-development phases. The remaining approximately 25% is intended for working capital to establish and expand hep.

Working closely with the city of Eppingen and the daycare center’s management, a modern rooftop PV system with a total capacity of 150 kWp was installed within four weeks. The daycare center itself uses 50 kWp of this capacity, supported by a battery storage system. The remaining 100 kWp is fed into the municipal power grid. As a result, the new system also contributes to the local energy supply with renewable energy.

“The project demonstrates how important regional partnerships are for climate protection,” says Andreas Bittner, Vice President of Construction Project Delivery Germany at hep solar. “The collaboration with the city and the facility was characterized from the very beginning by mutual trust and a shared goal: making sustainability tangible—for the children and for the region.”

Emittentinhep global GmbH
Finan­zie­rungs­in­stru­mentGreen Bond (klas­si­fi­ziert gemäß imug/SPO)
Emis­si­ons­vo­lumenBis zu 25 Mio. Euro
Platziertes Volumen25 Mio. Euro
ISIN/WKNDE000A3H3JV5 / A3H3JV
Kupon6,5 % p.a.
Ausga­be­preis100 %
Stücke­lung1.000 Euro
Valuta18. Mai 2021
Lauf­zeit5 Jahre: 18. Mai 2021 bis 18. Mai 2026 (ausschließ­lich)
Zins­zah­lungHalb­jähr­lich, nach­träg­lich am 18. November und 18. Mai eines jeden Jahres (erst­mals 2021)
Rück­zah­lungs­termin18. Mai 2026
Rück­zah­lungs­be­trag100 %
StatusNicht nach­rangig, nicht besichert
Sonder­kün­di­gungs­rechte der EmittentinAb 19. Mai 2024 zu 102 % des Nennbetrags, Ab 19. Mai 2025 zu 101 % des Nennbetrags
Kündi­gungs­rechte der Anlei­he­gläu­biger und CovenantsKontroll­wechsel, Dritt­verzug, Nega­tiv­ver­pflich­tung, Ausschüt­tungs­verbot bis 5,5 Mio. Euro EK in 2021, bis 11 Mio. Euro EK in 2022 und bis 15 Mio. Euro EK ab 2023, Ausschüt­tungs­be­gren­zung auf 50 % des Betrags, der den jeweils gültigen EK-Schwel­len­wert übersteigt, Zuwi­der­hand­lung gegen Belas­sungs­ver­ein­ba­rung für Gesellschafterdarlehen, Trans­pa­renz­ver­pflich­tung, Posi­tiv­ver­pflich­tung
Anwend­bares RechtDeut­sches Recht
ProspektVon der Commis­sion de Surveil­lance du Secteur („CSSF“) in Luxem­burg gebil­ligter Wert­pa­pier­pro­spekt mit Noti­fi­zie­rung an die Bundes­an­stalt für Finanz­dienst­leis­tungs­auf­sicht („BaFin“) in Deutsch­land und die Öster­rei­chi­sche Finanz­markt­auf­sichts­be­hörde („FMA“).,
Die Billi­gung des Prospekts ist nicht als Befür­wor­tung der ange­bo­tenen Wert­pa­piere zu verstehen.
Börsen­seg­mentOpen Market der Deut­sche Börse AG (Frei­ver­kehr der Frank­furter Wertpapierbörse)
Finan­cial AdvisorLewis­field Deutsch­land GmbH
BookrunnerQuirin Privat­bank AG

Important Notice:

This publication is neither an offer to sell nor a solicitation of an offer to purchase securities. The securities that are the subject of this publication are being offered by the issuer exclusively in the Federal Republic of Germany, the Grand Duchy of Luxembourg, and the Republic of Austria by way of a public offering. No public offering is being made outside the Federal Republic of Germany, the Grand Duchy of Luxembourg, and the Republic of Austria.

The securities are not registered under the U.S. Securities Act of 1933, as amended (“Securities Act”), and may not be offered or sold in the United States without registration under the Securities Act or an applicable exemption from registration requirements.

This publication does not constitute a prospectus. Any investment decision by interested investors regarding the securities mentioned in this publication should be based solely on the prospectus prepared by the issuer in connection with the public offering of these securities and the terms and conditions of the bonds, both of which are available free of charge on the issuer’s website at www.hep.global/green-bond.

This announcement contains forward-looking statements. These statements are based on the current views, expectations, assumptions, and information available to the management of hep global GmbH. Forward-looking statements should not be construed as promises of future results or developments and involve known and unknown risks and uncertainties. Various factors may cause actual future performance or events to differ materially from those described in these statements, and neither the Company nor any other person assumes responsibility for the accuracy of the opinions expressed in this press release or the underlying assumptions. The Company assumes no obligation to update forward-looking statements. Furthermore, it should be noted that all forward-looking statements are valid only as of the date of this announcement and that the Company assumes no obligation, unless required by law, to update forward-looking statements or to adjust them to actual events or developments. The Company and its affiliates expressly disclaim any obligation to update, review, or correct the forward-looking statements contained in this announcement, whether as a result of new information, future developments, or for any other reason.