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DGAP-Media / 2019-03-06 / 16:29
*BankM: Successful tap of R-LOGITECH bond to EUR 125 million*
*- EUR 100 million fully placed*
*- BankM as Sole Lead Manager*
*- BankM with over 100 transactions since mid-2017*
*Frankfurt, 6th March 2019 - *BankM - Representative Office of FinTech Group
Bank AG ("BankM") has successfully accompanied the tap of the 8.5% bond
2018/2023 of R-LOGITECH S.A.M., Monaco (DE000A19WVN8) to EUR 125 million as
Sole Lead Manager and Global Bookrunner. The maximum volume of EUR 100
million was placed completely with institutional investors as part of a
private placement. In addition, BankM was responsible for the coordination
and technical handling of the entire process. BankM had already successfully
structured and placed the issue of the first tranche of EUR 25 million. The
tap will be included in the current listing on the Open Market of the
Frankfurt Stock Exchange under the interim ISIN DE000A2RW772. After a period
of 40 days (TEFRA-D) the merger with the ordinary bond takes place.
"Since the initial issue of our bond, we have built trust through positive
corporate development and transparent communication. In addition, our
long-term business model, which is geared towards risk avoidance and
achieving stable earnings, has convinced many new investors. BankM supported
us at all times with great commitment and high reliability", commented
Frédéric Platini, CEO of the R-LOGITECH Group, on the tap.
R-LOGITECH is a diversified provider of logistics, procurement and
maintenance services for the extractive industries based in Monaco. The
company has a particularly strong presence in Africa and primarily serves
international blue chip corporations, governments and global freight
forwarders. In 2018, R-LOGITECH significantly expanded its corporate
activities and, on the basis of preliminary figures, increased its
consolidated revenue from EUR 40.6 million to EUR 162.4 million, as well as
the EBITDA from EUR 13.5 million to EUR 18.3 million.
The funds from the tap in the bond will be used for the further growth of
the Group. Together with two Belgian sovereign wealth funds, the takeover of
the Belgian Euroports Group was recently announced. Euroports is one of the
largest port operators and providers of maritime supply chain solutions in
Europe with an annual turnover of 60 million tonnes and operates terminals
in Antwerpen, Gent or Rostock. Together, R-LOGITECH and Euroports have more
than 40 terminals in 31 countries in Europe, Africa and Asia and employ
around 3,700 people.
"While most banks sell standardized financing products, BankM focuses on a
flexible, product-independent offering. Our approach minimizes the time and
money spent by our clients, ensures a marketable capital mix and thus
optimizes financial success", says Ralf Hellfritsch, founding partner of
BankM and responsible for the transaction.
Since mid-2017, BankM has supported more than 100 transactions with a total
volume of around EUR 750 million in various functions. BankM's offering
ranges from traditional bearer bonds to bonds with warrants and convertible
bonds, zero bonds and mezzanine capital, the brokerage of traditional bank
loans, the technical processing of securitisation and subscription services
and the assumption of paying agent functions as well as capital increases
and share placements. BankM thus covers the entire spectrum of debt and
equity procurement for medium-sized companies.
*About R-LOGITECH S.A.M.:*
R-LOGITECH is an international logistics and technology service provider
focusing mainly on the raw materials sector. In the logistics division the
company bundles the management of ports and terminals as well as the
provision of logistics services, while in the technology division
procurement solutions and maintenance are provided. Its customers are
primarily international blue chip corporations, governments and global
freight forwarders with long-term contracts. With its subsidiaries and
representative offices, the Group is currently active in 20 countries.
The corporate bond 2018/2023 of R-LOGITECH S.A.M. (DE000A19WVN8) is listed
on the Open Market of Deutsche Börse AG (Regulated Unofficial Market of the
Frankfurt Stock Exchange).
*About BankM - Representative Office of FinTech Group Bank AG:*
Since 2007, BankM - representative office of FinTech Group Bank AG
(Frankfurt am Main, Germany) is the partner of small and medium-sized
enterprises and specializing in capital market financing with its
experienced, interdisciplinary team. SME customers benefit from individual
service and rapid access to selected investors that fit their needs. BankM's
services include capital market advisory, arranging IPOs and capital
increases for equity financing, debt advisory and financing, designated
sponsoring and research as well as M&A, hereby specializing in the
identification of suitable strategic partners in China.
Based in Frankfurt am Main, Germany, BankM is a legally dependent branch of
FinTech Group Bank AG and is integrated into the banking and regulatory
structures of FinTech Group Bank AG. FinTech Group Bank AG has a full
banking licence for all types of banking business in compliance with the
German Banking Act, underlies the statutory Deposit Guarantee Scheme of the
Entschädigungseinrichtung deutscher Banken GmbH (EdB) and also operates as a
"white-label bank" (e.g. for ViTrade and flatex). Each year, FinTech Group
Bank AG handles over 10 million securities orders and currently has assets
under administration of over EUR 12 billion. The balance sheet total is of
well over EUR 1 billion (as of June 2018).
*Contact:*
Ralf Hellfritsch
BankM - Representative office of FinTech Group Bank AG
Mainzer Landstraße 61
60329 Frankfurt
Germany
Phone: +49 (0) 69 71 91 838-10
Fax: +49 (0) 69 71 91 838-50
Email: pr@bankm.de
Internet: www.bankm.de
*Legal notice:*
This announcement does not constitute a recommendation or an offer or a
solicitation of an offer for the purchase, sale or subscription of any
mentioned securities. It does not serve any investment advice but general
information purposes only.
End of Media Release
Issuer: BankM - Repräsentanz der FinTech Group Bank AG
Key word(s): Finance
2019-03-06 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Archive at www.dgap.de
784701 2019-03-06
(END) Dow Jones Newswires
March 06, 2019 10:29 ET (15:29 GMT)
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