Deutsche Börse Cash Market: Deutsche Rohstoff launches new bond on Frankfurt Stock Exchange

A new bond issued by Deutsche Rohstoff AG is tradable in the Entry Standard of the Frankfurt Stock Exchange as of today.

The total issue volume of EUR 40.6 million will primarily be invested in the oil and gas business, the company stated. The bond with the ISIN DE000A2AA055 has a term of five years and a coupon rate of 5.625 percent. The nominal denomination is EUR 1,000. IFC BANK AG arranged the issue.

According to company information, Deutsche Rohstoff AG has been listed since 2010 and identifies, develops and divests mineral assets in North America, Australia and Europe.

The focus is on the development of oil and gas opportunities within the United States. Metals such as gold, copper, rare earth elements, tungsten and tin complete the company’s portfolio.

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