Green Bond
The Green Bond
with hep
The Green Bond from hep

*including managed third-party capital

Over the past 10 years, hep has primarily financed project development services through its own project development fund, but now the early-stage and “active development” project development is similarly being undertaken at its own expense. These development phases are characterized by a significantly larger number of projects in the market, alongside significantly higher margins compared to the subsequent phases, whilst also having a lower capital requirement per projected KWp. In light of this, around 75 % of the proceeds of issue from the Green Bond 2021/2026 are intended for financing the acquisition of future photovoltaic projects in the early stage and active development phase. Some 25 % of the incoming proceeds are planned as working capital to develop and expand the hep global group.
Key data at a glance
Issuer | hep global GmbH |
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Financial instrument | Green Bond (classified by imug/SPO) |
Volume | Up to EUR 25 million |
Placed volume | EUR 25 million |
ISIN/WKN | DE000A3H3JV5 / A3H3JV |
Coupon | 6.5% p.a. |
Issue price | 100 % |
Denomination | EUR 1,000 |
Value date | 18 May 2021 |
Term | 5 years: 18 May 2021 to 18 May 2026 (exclusive) |
Interest payment | Semi-annually, in arrears on 18 November and 18 May of each year (for the first time in 2021) |
Redemption date | 18 May 2026 |
Redemption price | 100 % |
Status | Unsubordinated, unsecured |
Special termination rights of the Issuer |
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Termination rights of bondholders and covenants |
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Applicable law | German law |
Prospectus |
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Stock exchange segment | Open Market of Deutsche Börse AG (“Freiverkehr“ of Frankfurt Stock Exchange) |
Financial advisor | Lewisfield Deutschland GmbH |
Bookrunner | Quirin Privatbank AG |
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