OREANDA-NEWS. SAG Motion GmbH is issuing a corporate bond in the Entry Standard of the Frankfurt Stock Exchange. The bond with the ISIN DE000A1ZR645 can be subscribed from today until 10 December 2014, subject to early termination of subscription. It has an issue volume of up to €30 million. The corporate bond runs for five year and has a coupon rate of 7.5 percent. Its nominal denomination is €1,000.

Trading is planned to commence on 12 December 2014. Applicant is equinet Bank AG.

According to own sources, SAG Motion GmbH, which is based in Lend/Salzburg, is an international supplier of aluminium components and systems for the automotive, commercial vehicle, aviation and rail industry. SAG Motion is a leading international supplier of fuel tanks for heavy goods vehicles. With its workforce of 844 people, SAG Motion Group generated a turnover of about 170 million euros in 2013.