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voestalpine AG: Call of Hybrid Bond 2013

9 September 2019 | 

The Management Board of voestalpine AG adopted a resolution today to call the entire issue of Hybrid Bond 2013 with a volume of EUR 500 million (ISIN AT0000A0ZHF1) (issued by voestalpine AG in 2013) in accordance with § 5 (2) of the terms and conditions effective on the first possible call date for this bond, namely 31 October 2019 (redemption date).

The redemption amount is EUR 1,060 (including interest accrued) for each bond par value of EUR 1,000. Redemption will be performed via the paying agent and clearing system and no action is required by bond creditors in this regard.

Formal notice of termination in accordance with the terms and conditions will be given separately.

The voestalpine Group

In its business segments, voestalpine is a globally leading technology group with a unique combination of materials 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 a leading partner of the automotive and consumer goods industries as well as of the aerospace and oil & gas industries. voestalpine is also the world market leader in complete railway systems as well as in tool steel and special sections. In the business year 2018/19, the Group generated revenue of EUR 13.6 billion, with an operating result (EBITDA) of EUR 1.6 billion; it had just under 52,000 employees worldwide.