Photon Energy N.V. announced that the Group's management board has decided to increase its existing 7.75% bond 2017/2022 (DE-000A19MFH-4) by up to EUR 5 million to a total of EUR 45 million. Additional notes issued under the 7.75% bond 2017/2022 (DE-000A19MFH-4) will be offered by Bankhaus Scheich Wertpapierspezialist AG, Frankfurt am Main, in a private placement to qualified investors in the Federal Republic of Germany and other countries, except for the United States of America, Canada, Australia and Japan. As part of the increase, all existing bond terms remain unchanged. The bond, scheduled to mature in October 2022, bears interest at 7.75% a year and pays interest on a quarterly basis. The Group intends to use the net proceeds from the bond increase to finance the construction of power plants in Hungary and Australia for its own PV-portfolio as well as to strengthen its financial standing. The transaction will be managed by Bankhaus Scheich Wertpapierspezialist AG, Frankfurt am Main, as the sole global coordinator.