DEAG to issue new €75m bond for refinancing, expansion

DEAG Deutsche Entertainment AG will issue a corporate bond of up to €75 million. The new "2025/2029 Bonds" (ISIN: NO0013639112) will have a four-year term until October 2029, with an interest rate of 7.00% to 8.00% p.a., paid semi-annually. The subscription period is from September 18, 2025, to October 8, 2025, with an exchange offer for existing 2023/2026 bondholders, including a €20 cash premium.

Proceeds from the bond issue will primarily refinance the current DEAG Corporate Bond 2023/2026, promote organic growth, continue the successful Buy & Build strategy, and reduce minority interests. DEAG's strong performance in the first half of 2025 saw revenue increase by 17.1% to €155.4 million and EBITDA more than double to €6.6 million. Ticket sales rose by 19% to 6.9 million.

The company anticipates a significant improvement in EBITDA and a moderate increase in revenue for the full year 2025. Chairman Detlef Kornett described this new bond as crucial for DEAG's financing and growth strategy, offering an attractive proposition to investors.