SV Werder Bremen: €20m bond issue for 2025-2030 oversubscribed & increased to €25m

Due to the "exceptional oversubscription" of the €20m bond issue for the 2025-2030 cycle launched on 29/04 by the management of SV Werder Bremen GmbH & Co KG, the trading company of SV Werder Bremen (Bundesliga), the latter has increased the volume of the bond issue to €25m, announced the club at the end of the subscription period on 22/05/2025.

This initiative, approved by the supervisory board, is "aimed at private and institutional investors", with interest rates set at between 5.75% and 6.25%, for a unit value of €1,000.

The oversubscription is notably "driven by the exchange offer for the 2021-2026 bond issue". The club, which had issued bonds for the 2021-2026 cycle following its relegation to the 2.Bundesliga at the end of the 2020-21 season, offered their holders the opportunity to exchange them for new bonds, with compensation of €10 per bond exchanged.

"The net issue proceeds, less the bonds allocated as part of the exchange offer and the issue costs, amount to approximately €17.8m. The net issue proceeds of the 2025-2030 bond after exchange will primarily be used to…