10% Collemeto PV bond, 2012–2022
The issue of the subordinated Collemeto photovoltaic bonds was used to fund another two PV power plants in Apulia. The two power plants, Collemeto I and Collemeto II, have already been built and connected to the grid. Approval for the feed-in tariff has already been granted.
Project
Acquisition of a photovoltaic power plant in Collemeto, Italy
Issuer
PV – Invest Apulien 2 GmbH
Type of security
Bearer bond
Term
10 years
Issue price
103%
Interest rate
10% fixed for the term or 3 month Euribor rate plus 7% with annual adjustment
Type of interest
Fixed or variable at the subscriber’s option when the subscription period starts
Interest date
15 March, first paid on 15.03.2013
Repayment
100%
Repayment date
15 March 2022
Currency
Euro
Issue volume
€ 2 Mio
Denomination
€ 50.000,- 1
1 Issue date March 2012, therefore legal status before BGBl I 2012/83
