Katjes International Contemplates Bond Expansion for Acquisition

Katjes International GmbH & Co. KG is considering expanding its corporate bond issued in 2023 by EUR 65 million. The increase aims to finance acquiring a 60% stake in Willy Bogner GmbH. The transaction will be conducted through a private placement. This move aligns with Katjes' strategy of focusing on majority shareholdings.

The company's solid performance since the bond's initial issuance is reflected in its strong secondary market performance. Additionally, Katjes plans to sell a 23% stake in CPK, potentially yielding EUR 80 million by Q4 2025. This will boost the company's credit profile and liquidity.

Preliminary financial results for the first half of 2025 indicate positive performance, with net revenue and EBITDA surpassing figures from the prior year. A final decision on the bond expansion will depend on market conditions and investor interest.