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Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.

VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.

VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,

  • written by local CG experts,
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Article Index



Capital News

MorhoSys: All set for takeovers and research

The biotechnology company MorhoSys gathered 84 million in fresh money in September by an increase in share capital. Income from the private placing – some 1.5 million shares with institutional investors – will be used to fund acquisitions and continue research and development.

Energiekontor: bonds fully subscribed

The company bond of the wind farm and solar power manager Energiekontor AG has been fully subscribed in the few months since its issuance. Its volume of 7 million Euros and 5-year duration amount to a interest rate of 7%. Furthermore, in recent weeks, the company has also placed in short order a step-up bond of 23 million Euros and is planning to issue other step-up bonds before the end of this year.

In early September, the Bremen company announced that it had sold an offshore wind farm at an estimated loss of between 2 and 3 million Euros.

Helma: Safe as houses

Since the month of September a Helma Eigenbau company bond of 25 million Euro volume and 5-year duration has been traded. Interest is some 5.9%. The bond was oversubscribed before the end of the duration. The company’s sells owner-occupant homes, holiday homes and real estate for investors. In recent months, Helma’s turnover has improved as has its EBIT and its order book has also grown. Revenue from the bond issuance will be used to foster systematic growth. The company is listed in the Entry Standard.