Corporate Bond
In December 2004, Logwin AG issued a senior subordinated bond with a nominal value of TEUR 130,000. Interest on the bond has been fixed at the annual rate of eight percent and is payable in arrears on June 15 and December 15 of each year. The maturity date of the bond is December 15, 2012.
Since December 15, 2010, Logwin AG has been entitled at any time to redeem the corporate bond in full or part at nominal value. Logwin AG made use of this entitlement on December 15, 2010, when it redeemed a part amount of 65.0 million euros.
On June 15, 2011, Logwin AG has redeemed the outstanding 65.0 million euros as announced on May 4, 2011.
The bond was listed for trading on the Luxembourg Stock Exchange (ISIN XS0207922054).
