Bond of PNE Wind listed on FSE's Prime Standard segment

Sep 19, 2013 - German wind park developer PNE Wind AG (ETR:PNE3) said today its corporate bond is now listed in the Prime Standard segment at the Frankfurt Stock Exchange (FSE).

Three days earlier PNE Wind said the total volume of the 2013/18 bond was extended to the maximum authorised amount of EUR 100 million (USD 135m). The proceeds from the extension will be used for expansion of the company's offshore wind business as well as strengthening of its onshore activities.

The Prime Standard for corporate bonds offers the highest transparency standards on the stock exchange. So far the bond has been traded on the regulated market segment.

(EUR 1 = USD 1.36)

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