News detail

HELMA Eigenheimbau AG issues corporate bond to advance its growth as a leading provider of energy-efficient houses


HELMA Eigenheimbau AG / Key word(s): Issue of Debt
29.11.2010 08:35


HELMA Eigenheimbau AG issues corporate bond to advance its growth as a leading provider of energy-efficient houses

* Coupon 6.5 % p.a. / 5-year maturity / volume of up to EUR 10 million * Corporate investment grade rating (BBB) from Creditreform * Simple ordering option for the bond from the Düsseldorf Stock Exchange from December 1, 2010

Lehrte, November 29, 2010 - HELMA Eigenheimbau AG, the specialist for individual solid construction houses and sustainable energy concepts, is issuing a corporate bond with a volume of up to EUR 10 million. The bond can be subscribed for from December 1, 2010 through the Düsseldorf Stock Exchange by issuing an order (ISIN: DE000A1E8QQ4) to almost all banks and direct banks. The issue price is 100 %; no selling or management fees will be charged.

With a five-year maturity, a fixed 6.5 % coupon per year, and a minimum investment of EUR 1,000, the HELMA bond is aimed at both private and institutional investors. HELMA Eigenheimbau AG has set up an information centre to assist investors who wish to subscribe for the bond. HELMA intends to include the bond in the regulated unofficial market on the Düsseldorf Stock Exchange when the offer period ends. This would also enable the bond to be traded during its five-year maturity.
'Subscribing for our bond enables investors to make an investment in one of the leading companies in the energy-efficient construction method area, and to achieve an attractive return in doing so,' commented Karl-Heinz Maerzke, Management Board Chairman of HELMA Eigenheimbau AG. 'For our company, this opens up the opportunity to significantly expand our market share, particularly in German conurbation areas, and to thereby further accelerate our corporate growth,' Mr. Maerzke went on to add.
After HELMA Eigenheimbau AG already reported new order growth of 21 % to EUR 83.3 million in the 2009 financial year, record levels are anticipated in terms of both Group revenue and sales figures for the current 2010 financial year. HELMA Eigenheimbau AG's high degree of solidity and commercial strength are underscored by Creditreform's current corporate rating. HELMA Eigenheimbau AG is appraised at an investment grade BBB rating, far above the average for the overall economy.
The company is planning to utilize the net proceeds from the bond particularly in order to expand its business at its HELMA Wohnungsbau subsidiary. This subsidiary acquires plots of land before developing individual plots with energy-efficient solid construction homes that are modified to individual customer wishes. In this context, the focus is on the cities of Berlin, Hamburg, Hanover and Frankfurt.
The company has recently announced the purchase of two attractive areas of land within the greater metropolitan area of Berlin. Along with short-term land purchase financing facilities, these purchases will be funded predominantly from the ongoing sale of the land plots, and from operating cash flow. These purchases alone allow the anticipation of tangible growth at HELMA Wohnungsbau over the coming years.

Growth in this high-margin business is set to accelerate significantly as a result of the funds accruing from the bond, and the related planned investment in further attractive land areas. HELMA Eigenheimbau AG also plans to use the net bond proceeds to develop new forward-looking, trend-setting products and to build a corresponding showhouse at the company's headquarters in Lehrte, where it will again demonstrate its innovative strength in the area of sustainable energy concepts.

KEY DATA FOR THE CORPORATE BOND:

Issue volume: up to EUR 10,000,000.00
Maturity: December 1, 2010 until November 30, 2015 Coupon: 6.5 % p.a.
Coupon payments: annual; first coupon payment on December 1, 2011 Denomination: EUR 1,000.00
Minimum investment: EUR 1,000.00
Initial issue price: 100 %
ISIN: DE000A1E8QQ4
Redemption price: 100 %
Stock exchange listing: Düsseldorf Stock Exchange Securities type: bearer bonds

Further information about the bond is available by calling +49 (0) 40 / 63 78 54 20 (Monday to Friday from 08:00 to 19:00 hours, Saturdays from 09:00 to 16:00 hours (CET)).

The legally applicable securities prospectus can be downloaded at www.HELMA-Anleihe.de, and is available free of charge from HELMA Eigenheimbau AG, Zum Meersefeld 4, 31275 Lehrte.

DISCLAIMER:

This announcement is solely for informational purposes, and represents neither an offer on the part of HELMA Eigenheimbau AG, nor a solicitation to issue an offer to purchase or to subscribe for securities. Interested investors should base their investment decision relating to the bond exclusively on the basis of the information relating to the securities and the risks connected with the purchase of the securities that is contained in the securities prospectus published by HELMA Eigenheimbau AG in connection with the public offering of the securities. The bond is subject to certain restrictions that are set out in the prospectus. The legally applicable securities prospectus has been published, and can be downloaded from www.HELMA-Anleihe.de. This announcement and the bond offering are not addressed to U.S. persons or to persons in the United States of America, Canada, Australia or Japan.


ABOUT HELMA EIGENHEIMBAU AG:

HELMA Eigenheimbau AG is a customer-oriented building services-provider offering a full range of services. The focus is on the development, planning, sale, and construction management of turnkey or partially completed detached and semi-detached houses using the solid construction method. Particularly the option of individual planning and individualisation without extra costs, as well as the company's outstanding know-how in the area of energy-efficient construction methods, are perceived on the markets as HELMA Eigenheimbau AG's unique selling propositions. With its persuasive sustainable energy concepts, the company has established itself as one of the leading providers of solar energy-saving homes, and is one of the most experienced companies in the solid construction house sector, having constructed several thousand owner-occupier homes. As a property development company and a finance broker respectively, HELMA Wohnungsbau GmbH and Hausbau Finanz GmbH expand HELMA Group's product range. 

IR CONTACT / PRESS:

HELMA Eigenheimbau AG
Gerrit Janssen, Management Board member/CFO
Tel.: +49 (0)5132 8850 113
E-mail: ir@helma.de

UBJ. GmbH 
Ingo Janssen, Marius Sienel
Tel.: +49 (0)40 6378 5410
E-mail: ir@ubj.de




29.11.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

 
Language:     English
Company:      HELMA Eigenheimbau AG
              Zum Meersefeld 4
              31275 Lehrte
              Deutschland
Phone:        +49 (0)5132/8850-0
Fax:          +49 (0)5132/8850-111
E-mail:       info@helma.de
Internet:     www.helma.de
ISIN:         DE000A0EQ578
WKN:          A0EQ57
Listed: Freiverkehr in Hamburg, Berlin, Düsseldorf, Stuttgart; Entry               Standard in Frankfurt
 
End of Announcement DGAP News-Service  





back