Closure of the subscription periods for the bond issue for private and institutional investors for the total maximum amount of EUR 250 million

21/06/2019 - 17:45 | Financial

The first public bond issue of Gimv NV was successfully placed: on 21 June both the 7-year bonds (the "2026 bonds") and the 12-year bonds (the "2031 bonds") were substantially oversubscribed and closed.

Koen Dejonckheere, CEO of Gimv, about this successful bond issue: “We thank the private and institutional investors for their confidence. It allows us to invest in the further growth of Gimv and of our portfolio companies, and to maintain an adequate level of liquidity."

The bonds were successfully placed: KBC acted as "Coordinator" and "Bookrunner" and Belfius, Degroof Petercam and ING acted as co-managers. For this transaction, Gimv NV was advised by Linklaters and KBC, Belfius, Degroof Petercam and ING were advised by Allen & Overy. The aggregate maximum nominal amount of EUR 250 million was raised. Gimv NV therefore decided to close the subscription period of the 2026 bonds early on 21 June 2019 at 5.30 p.m. The subscription period for the 2031 bonds was also closed on 21 June 2019 at 5.30 p.m. The 2026 bonds were subscribed to for an amount of EUR 75 million and the 2031 bonds were subscribed to for an amount of EUR 175 million. KBC, Belfius, Degroof Petercam and ING will inform the investors about the number of bonds that will finally be allocated to them. The bonds will be issued on 5 July 2019 and will be admitted to trading on the regulated market of Euronext Brussels with ISIN Code BE0002657386 (2026 bonds) and ISIN Code BE0002658392 (2031 bonds).

This press release must be read together with the prospectus dated 18 June 2019 which is available on the websites of the FSMA (https://www.fsma.be/nl/prospectus-ems), of Gimv (www.gimv.com) and of KBC (www.kbc.be/nl/gimv), Belfius (www.belfius.be/gimv), Degroof Petercam (www.degroofpetercam.be/nl/nieuws/gimv_2019) and ING (https://www.ing.be/en/retail/investing/investments/bonds).

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