ProCredit Holding announces capital increase of EUR 31.9 million

  • Group of existing shareholders subscribes for new shares
  • New capital strengthens ProCredit Group’s ability to capture attractive future growth prospects

ProCredit Holding AG & Co. KGaA today announced a capital increase of EUR 31.9 million. The existing shareholders KfW, IFC, the DOEN Foundation, responsAbility (via responsAbility Participations and responsAbility Microfinance Leaders Fund), and Ohana Holdings will participate in the capital increase at a price of EUR 11.73 per share. In total 2.7 million new shares are going to be issued in the course of the transaction. (more…)