Gubor Schokoladen Launches Corporate Bond with 7.5% - 8.5% Interest

Gubor Schokoladen GmbH, a major European chocolate manufacturer, has announced the issuance of a corporate bond with an interest rate between 7.5% and 8.5% p.a. The bond, aimed at raising up to EUR 60 million, seeks to diversify the company's financial structure. This marks Gubor's debut on the capital market following strategic investments in production facilities.

The bond, known as the Gubor Bond 2024/29, will be available for subscription starting 8 November 2024 and is targeted at both institutional and retail investors in Germany, Austria, and Luxembourg. The securities prospectus approved by the CSSF outlines a minimum investment of EUR 1,000.

The bond is expected to be listed on the Frankfurt Stock Exchange starting 2 December 2024. Gubor aims to bolster its market presence and ensure long-term stability through this initiative.