Platform Group AG raises €20m in bond tap for acquisitions
The Platform Group AG (TPG) announced on September 1, 2025, that it successfully tapped its 2024/2028 corporate bond, increasing its volume from €20 million to €70 million. The bonds were placed with institutional investors in a private placement and the transaction was significantly oversubscribed, leading to an early termination of the placement at a tap issue price of 101.5%.
The net proceeds from this bond increase will be utilized to finance further company acquisitions, as previously indicated in an ad hoc announcement on August 22, 2025, regarding negotiations in the pharmaceutical platform sector. The 2024/2028 corporate bond matures on July 11, 2028, and carries an annual interest rate of 8.875%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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