Eleving Group 2025/2030 public bond issuance and funds allocation

Eleving Group’s 2025/2030 bond offering (ISIN XS3167361651) attracted strong investor demand and was significantly oversubscribed, resulting in a scaled allocation process. For retail investors, subscription amounts up to and including EUR 2 000 were fully allocated, while for subscription amounts exceeding EUR 2 000, the first EUR 2 000 were fully allocated, with a total average allocation of 20% per order.

Existing bondholders who held Eleving Group’s 2021/2026 bonds (ISIN: XS2393240887) and participated in the exchange offer received full allocation. Investors representing a nominal amount of slightly above EUR 60 million exchanged their existing bonds for the new Eleving Group bonds.

To accommodate the exceptionally strong investors' interest, Eleving Group increased the total amount of the public offering from up to EUR 250 million to up to EUR 300 million, and recorded EUR 275 million on its balance sheet.

Eleving Group thanks all investors for their strong interest and participation in this offering.