Germany’s Neon Equity to offer 10% five-year corporate bond in May

By William Gullotti

Buffalo, N.Y., April 18 – Neon Equity AG’s management board resolved to issue a 10% fixed-rate corporate bond due 2029 (ISIN: DE000A383C76) to finance growth, according to a press release on Thursday.

Each bearer bond will have a nominal value of €1,000.

Although the resolution is for an amount of up to €25 million, the company reserves the right to increase the total volume to up to €125 million via a later public offering or a private placement.

The public offering is expected to start in Luxembourg and Germany at the beginning of May and may be offered to investors in Germany and selected countries by way of a private placement.

Proceeds will be primarily used to finance growth projects of existing investments and for investment portfolio expansion. The company’s investment portfolio is comprised of ESG-focused companies, such as renewable energy, sustainable mobility and healthcare.

Based in Frankfurt, Neon Equity invests in ESG-compliant companies with high growth opportunities in future industries such as AI, mobility, nutrition, health and energy and accompanies them in successful IPOs.

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