• The subscription period via Deutsche Börse AG’s DirectPlace is now open and will close on 30 June 2025 at 12:00 p.m. CEST (subject to early closure)
  • The unsecured senior bond has a target volume of €50 million and carries a variable interest rate of EURIBOR plus a margin between 7.0% and 7.5% p.a.
  • With this bond, Formycon is strengthening its financial flexibility for the next growth phase

Planegg-Martinsried, Germany – Formycon AG (FSE: FYB, Prime Standard, “Formycon”) announces that investors can now subscribe to the 2025/29 corporate bond (ISIN: NO0013586024 / WKN: A4DFJH) via Deutsche Börse’s ‘DirectPlace’ subscription service. This service allows interested investors to place purchase orders directly with their house bank or custodian bank on the Frankfurt Stock Exchange during the subscription period. Since June 17, 2025, it is also possible to subscribe to the bond directly via the company website at (https://www.formycon.com/en/investor-relations/bond-2025/). The company intends to use the proceeds to advance its growth strategy – in particular for the consequent development and expansion of the Company’s biosimilar product portfolio.

“With this bond, we are opening ourselves up to a broader investor base and are utilizing the bond market as a strategic capital market instrument for the first time. This gives us the flexibility to further develop our pipeline and strengthen our position as a growth-oriented company with an increasing commercial focus,” explains Enno Spillner, CFO of Formycon AG.

The bond governed by Norwegian law, is intended to be included in the Open Market (Freiverkehr) of the Frankfurt Stock Exchange. Additionally, the Company intends to apply for the bond to be admitted to trading on Euronext ABM, a self-regulated marketplace operated by the Oslo Stock Exchange (Oslo Børs), within six (6) months following issuance.

The transaction is being led by IKB Deutsche Industriebank AG and Pareto Securities AS as Joint Lead Managers. The bonds are being issued as part of a public offering in Luxembourg, Germany and Austria. The offering is based on a securities prospectus approved by CSSF, which has been notified to the German Federal Financial Supervisory Authority (BaFin) and the Austrian Financial Market Authority (FMA). The prospectus is available on the websites of the Luxembourg Stock Exchange (www.luxse.com) and Formycon AG (https://www.formycon.com/en/investor-relations/bond-2025/).

In addition, the Joint Lead Managers plan to offer the bond to institutional investors in Germany, Luxembourg, and Austria, as well as selected other European and international markets as part of a private placement.

Key Terms of the Formycon Corporate Bond 2025/2029

IssuerFormycon AG, Planegg-Martinsried, Germany
Issuer Volume (Target)EUR 50,000,000
ISIN / WKNNO0013586024 / A4DFJH
Interest Rate Range3-months EURIBOR plus 7.0 % to 7.5 % p.a.
Issue Price100 %
DenominationEUR 1,000
Interest PaymentQuarterly, first payment on October 9, 2025
TermFour years, July 9, 2025 to July 9, 2029
Redemption DateDue on July 9, 2029
StatusSenior unsecured
CovenantsIncludes restrictions on distributions, liquidity maintenance, and quarterly financial reporting
Stock Exchange SegmentOpen Market (Freiverkehr) of the Frankfurt Stock Exchange, Quotation Board; admission to Euronext ABM (Oslo Børs) planned within six months
Issue / Value DateJuly 9, 2025
Joint Lead ManagerIKB Deutsche Industriebank AG, Pareto Securities AS, Frankfurt Branch