- Proceeds intended in part for refinancing Hybrid Bond 2007 and for general funding purposes
- Issue price for retail investors in Austria (including 1.5% bank sales commissions): 101.417%
- Term: 7 years; coupon: 2.25%
voestalpine AG has successfully placed a EUR 400 million corporate bond in the capital market. The bond is intended in part for refinancing Hybrid Bond 2007, which the company called on 9 September 2014, effective 31 October 2014, and for general funding purposes. The quality of the order book was excellent, with orders in the magnitude of more than EUR 800 million and about 160 different investors. The bond has a term of 7 years and a coupon of 2.25%.
The issue and start of trading for the bond (ISIN AT0000A19S18) is scheduled for 14 October 2014 on the Vienna Stock Exchange.
The bond is available to retail investors for subscription at the issue price from 9 October to 13 October 2014 (subject to early closing)