Biofrontera AG: Bond Issue: 49.990 subordinate convertible debenture fully placed

Leverkusen (pta026/24.01.2017/13:20 UTC+1) The Management Board of Biofrontera AG (FSE: B8F) has announced on December 23, 2016, a resolution regarding the issue of up to 49,990 subordinate convertible debenture ("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 January 23, 2017.

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

The Management Board

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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