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voestalpine issues convertible bonds in the amount of EUR 250 million

19 April 2023 | 

voestalpine intends to issue senior unsecured convertible bonds in the amount of EUR 250 million with a term of five years in order to further optimize its financing structure.

The offering is being made by way of an accelerated bookbuilding and is exclusively targeted at institutional investors in defined countries. Details of the placement and the final terms of the bond are expected to be announced in a separate media release later today.

Further details and information on the distribution restrictions can be found in today's Ad-Hoc-News


The voestalpine Group

voestalpine is a globally leading steel and 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 premium products and system solutions, it is a leading partner to the automotive and consumer goods industries as well as the aerospace and oil & gas industries; it is also the world market leader in railway systems, tool steel, and special sections. voestalpine is fully committed to the global climate goals, and its greentec steel program represents a clear plan for decarbonizing the production of steel. In the business year 2021/22, the Group generated revenue of EUR 14.9 billion, with an operating result (EBITDA) of EUR 2.3 billion; it had about 50,200 employees worldwide.