EANS-Capital Market Information: voestalpine AG / New bond issues
PR Newswire/euro adhoc/ EANS-Capital Market Information: voestalpine AG / New bond issues Other capital market information transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Offers to exchange hybrid bond received from more than 2/3 of bondholders
- 71.6 % of holders offered to exchange the hybrid bond 2007 - Issue of the new hybrid bond 2013 with a volume of EUR 500 million
In order to optimize its financing portfolio, voestalpine AG has invited all holders of the hybrid bond 2007 to submit offers for an exchange into the new hybrid bond 2013 with a volume of up to EUR 500 million. At the end of the offer period, which expired on March 14, 2013, 71.6% of bondholders had submitted offers to exchange. As a result, the issue volume of EUR 500 million for the hybrid bond 2013 can be fully utilized. Accordingly, allocations will be subject to reductions. The coupon rate of 7.125% for the hybrid bond 2013 is fixed until October 31, 2014; thereafter investors receive a coupon of 6% until October 31, 2019.
ISIN(s) of new bond issue: AT0000A0ZHF1
issuer: voestalpine AG
A-4020 Linz phone: +43 50304/15-9949 FAX: +43 50304/55-5581 mail: IR@voestalpine.com WWW: www.voestalpine.com sector: Metal Goods & Engineering ISIN: AT0000937503 indexes: WBI, ATX Prime, ATX stockmarkets: official market: Wien language: English
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-0- Mar/18/2013 10:22 GMT