Two bonds are tradable in the Entry Standard of the Frankfurt Stock Exchange from today: the Golden Gate AG bond (ISIN DE000A1KQXX5) and the S.A.G. Solarstrom AG bond (ISIN DE000A1E84A4).
The subscription period for the Golden Gate AG bond with a volume of €30 million ended on Friday.
“We opted for the Frankfurt Stock Exchange and the Entry Standard because the decisive factor for us is where we will be in three to five years’ time,” said Uwe Rampold, Chief Executive of Golden Gate AG. “We believe that Germany’s most established stock exchange will also be a leading location for SME bonds.”
The S.A.G Solarstrom AG bond has a volume of €25 million and has moved from the Open Market to the Entry Standard.
“We are confident that Deutsche Börse, with its large presence in Germany and in Europe as a whole, will advance this new bond segment just as it has promoted equity trading, enabling us to benefit from greater investor attention and a higher liquidity of the bond,” said Dr. Karl Kuhlmann, CEO of S.A.G. Solarstrom AG.
“Our Entry Standard provides SMEs with flexible and cost-effective access to the capital market,” said Frank Gerstenschläger, member of the Executive Board of Deutsche Börse AG and responsible for the Xetra business area. “Equities and bonds are brought together here under one roof. The Frankfurt Stock Exchange is not only the first choice for private investors; its highly-efficient global trading network also provides direct access for national and international institutional investors.”