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The 2019/24 bond with a coupon of 5.25%

Graphic: Deutsche Rohstoff AG: 3rd Bond
Financial key figures 
IssuerDeutsche Rohstoff AG
Volumenup to EUR 100 million
Actual volume placedEUR 100 million
Current outstanding volumeEUR 20.5 million (31/03/2024)
Coupon5.25 %
Exchange segmentFrankfurt Stock Exchange, Open Market (Quotation Board)
Issuer RatingThere is no rating. The issuer has been classified as eligible by Deutsche Bundesbank.
Collateralizationunsubordinated, unsecured obligations
Coupon paymentsemi annual, 6 December and 6 June every year
Denomination / issue rate1,000 EUR / 100 %
Life / Maturity5 years / 6 December 2024 (Subject to prior repayment according to the terms and conditions of the bond)
Use of Proceeds The Issuer intends to use the net issue amount (less the portion attributable to the exchange and, if applicable, the cash used to redeem the 2016/2021 Bonds) entirely for the further acquisition and development of new oil and gas reserves in the USA and Germany.
Sole Lead ManagerICF BANK AG Wertpapierhandelsbank

Minimum equity ratio of 25%.

Asset Covenants: Value of oil and gas reserves in the Group plus cash and cash equivalents (bank balances and marketable securities) equal to at least 100% of the total amount of outstanding notes.

Negative pledge, cross default, change of control, positive pledge, restriction on disposal in each case as specified in more detail in the bond terms and conditions.