Biofrontera AG: Bond Issue: 49,990 subordinate convertible debentures fully placed

Leverkusen, Germany (pta017/24.11.2016/09:30 UTC+1) The Management Board of Biofrontera AG (FSE: B8F) has announced on October 31 2016 a resolution regarding the issue of up to 49,990 subordinate convertible debentures ("Debentures") in a total nominal amount of up to EUR 4,999,000 ("Convertible Bond"). The Debentures could be subscribed to at a subscription price of 100% of the nominal value of a Debenture in an amount of EUR 100.00 per Debenture until and including November 23, 2016.

As per today's analysis, the Convertible Bond was placed in full.

The Management Board

(end)

Emitter:	Biofrontera AG Hemmelrather Weg 201 51377 Leverkusen Germany
Contact Person:	Investor & public relations
Phone:	+49 (0) 214 87 63 20
E-Mail:	press@biofrontera.com
Website:	www.biofrontera.com
ISIN(s):	DE0006046113 (Share)
Stock Exchange(s):	Regulated Market in Dusseldorf, Frankfurt; Free Market in Berlin, Munich, Stuttgart, Tradegate