The Platform Group AG Successfully Places EUR 30 Million Bond

The Platform Group AG has successfully placed its inaugural bond issue for 2024–2028, reaching a volume of EUR 30 million. Interest from institutional investors exceeded expectations, leading to an early termination of the subscription period on 1 July 2024. The bond carries an interest rate of 8.875% per annum and is structured under Norwegian law with a four-year tenor.

Orders up to EUR 3,000 through Deutsche Börse's subscription functionality were fully allocated, with 80% allocation for higher amounts. Trading on the Frankfurt Stock Exchange's Quotation Board started on 2 July 2024. The listing is also planned for the Nordic ABM of the Oslo Stock Exchange within six months.

This positive reception reflects confidence in The Platform Group AG's business model. The transaction was managed with Pareto Securities AS as lead manager, and supported by financial and legal advisors. It demonstrates the company’s robust market position and potential for future growth.