OREANDA-NEWS. Two new bonds issued by the Gelsenkirchen-Schalke 04 e.V. football club are tradable in the Entry Standard of the Frankfurt Stock Exchange from today.

The total issue volume of EUR 50 million is to be used for the early redemption of the corporate bond issued in 2012. One bond has a term of five years and offers a coupon rate of 4.25 percent (ISIN: DE000A2AA030); the other has a term of seven years and a coupon rate of 5.0 percent (ISIN: DE000A2AA048). The nominal denomination is EUR 1,000 for each bond. equinet Bank AG arranged the issue.

According to information from the issuer, the club's primary business areas are licensed football, promoting new football talent and marketing the Veltins Arena. It earns the majority of its revenue from the professional team’s matches, media marketing, sponsoring and merchandising.