At the end of October, Behrens was certain that the financing would go through: Patrimonium has received internal committee approvals for financing, it said. The final signing of the contract is expected shortly, said Behrens. The wording on today’s announcement, according to which no agreement could be reached on “essential contractual contents”, indicates that the stalling negotiations are related to the debt fund. In response to a FINANCE request, Behrens was unable to provide any further information with reference to the ongoing negotiations.
The third building block was another corporate bond: Also in October, Behrens had issued a fourth bond with a term until 2025. The volume was 15 million euros and the whole thing earned 7.25 percent interest. In addition, subscribers of the previous bond could exchange their paper for the new bond.
– .
