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voestalpine successfully places EUR 500 million bond issue

20 September 2017 | 

voestalpine AG has successfully placed a new EUR 500 million corporate bond issue in the capital market to provide funding for general corporate financing, as well as to refinance a senior bond which expires in February 2018. The order book, totaling over EUR 1.25 billion and including around 220 different investors, was of excellent quality. The coupon rate for the 7-year bond is 1.375%.

  • Funds are intended for general corporate financing as well as to refinance a senior bond expiring in February 2018
  • Maturity: 7 years; coupon rate: 1.375%

The value date and start of official trading of the bond (ISIN AT0000A1Y3P7) on the Vienna Stock Exchange is scheduled for September 27, 2017.

The bond can be subscribed by private investors during the subscription period from September 21 to September 26, 2017.

The voestalpine Group

In its business segments, voestalpine is a globally leading technology and capital goods group with a unique combination of material and processing expertise. voestalpine, which operates globally, has around 500 Group companies and locations in more than 50 countries on all five continents. It has been listed on the Vienna Stock Exchange since 1995. With its top-quality products and system solutions using steel and other metals, it is one of the leading partners to the automotive and consumer goods industries in Europe and to the oil and gas industries worldwide. The voestalpine Group is also the world market leader in turnout technology, special rails, tool steel, and special sections. In the business year 2015/16, the Group generated revenue of EUR 11.1 billion, with an operating result (EBITDA) of EUR 1.6 billion; it has around 48,500 employees worldwide.

This information is for marketing purposes and constitutes marketing information within the meaning of the Austrian Securities Supervision Act (Wertpapieraufsichtsgesetz – WAG) and Austrian Capital Market Act (Kapitalmarktgesetz – KMG). It does not, however, constitute financial analysis, or investment advice or recommendations related to financial instruments, or an offer to sell or invitation to buy securities. The voestalpine AG securities are being offered in Austria and Germany solely by means of and on the basis of the capital market prospectus of 31 August 2017 and its supplement of 14 September 2017 and any further supplements and the Final Terms (together the “Offer Documents”). Only the information in the Offer Documents is binding in connection with the offer. The prospectus has been approved by the Austrian Financial Market Authority (Finanzmarktaufsicht – FMA) and published, and the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has been notified. The prospectus is available in electronic form on the issuer's website (www.voestalpine.com) and free of charge from voestalpine AG, voestalpine-Straße 1, A-4020 Linz, Austria.

This announcement is addressed exclusively to persons legally entitled to receive it. This information is not intended for distribution or publication in the United States of America (USA) and may not be provided or distributed to "U.S. persons" (as defined in Regulation S of the U.S. Securities Act of 1933, as amended) or to general circulation publications in the USA, or distributed or published in any other country where its distribution or publication would be unlawful.