voestalpine successfully issues EUR 400 million bond

2014-10-09 |

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%.

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%

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).

The voestalpine Group

The voestalpine Group is a steel-based technology and capital goods group that operates worldwide. With around 500 Group companies and locations in more than 50 countries and on all five continents, the Group has been listed on the Vienna Stock Exchange since 1995. With its top-quality products, the Group 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 2013/14, the voestalpine Group reported revenue of EUR 11.2 billion and an operating result (EBITDA) of EUR 1.4 billion; it had around 48,100 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 10 September 2014 as well as possible supplements and the Final Terms. 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 free of charge from voestalpine AG, voestalpine-Straße 1, A-4020 Linz, Austria, and in electronic form on the issuer's website (www.voestalpine.com). 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.