EANS-News: STRABAG SE issues EUR 200 million corporate bond
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Financing, Stock Offerings (IPO) Wien (euro adhoc) - * Coupon of 3.00% * Term to maturity of seven years (2013-2020) * Proceeds to be used for general business purposes and a further optimal financing structure The European construction group STRABAG SE is preparing to issue a EUR 200 million corporate bond. The fixed-interest bond has a term to maturity of seven years and a coupon of 3.00 % p.a. The bond issue has already been met with great interest among institutional investors and will also be offered for subscription to private investors in Austria, Germany and Luxembourg from 13 May 2013 to 15 May 2013 (subject to early closing). With a face value of EUR 1,000.00, the bond is targeted not only at institutional investors but above all at private investors. The issue price has been set at 101.407 %. With the STRABAG Bond 2013, the company is continuing its years-long bond issue strategy. With the proceeds from the issue, which will be used for general business purposes, STRABAG maintains its optimal financing structure. Joint lead managers of the issue are Erste Group Bank AG, Raiffeisen Bank International AG and UniCredit Bank Austria AG; senior co-lead manager is Joh. Berenberg, Gossler & Co. KG; co-lead manager is Oberbank AG. STRABAG SE has an investment grade rating of BBB- with a stable outlook from Standard & Poor's. The management board expects Standard & Poor's to rate the debt securities with BBB- as well. Key features of the bond: Issuer: STRABAG SE Principal amount: EUR 200,000,000.00 Face value: Nominal EUR 1,000.00 Coupon: 3.00 % p.a. Term to maturity: from 21 May 2013 up to and including 20 May 2020 Issue price: 101.407 % (includes sales commission of 1.5 % of nominal value) Subscription period: 13-15 May 2013 - early closing possible Value date: 21 May 2013 Maturity: 21 May 2020 at 100 % Listing: Application for regulated over-the-counter trading on the Vienna Stock Exchange ISIN: AT0000A109Z8 This press release does not constitute an offer to sell securities nor is it the solicitation to make an offer to buy securities of STRABAG SE. A public offer of securities of STRABAG SE may only be made on the basis of the prospectus that was approved, published and notified to the competent authorities in Austria and Germany by the Commission de Surveillance du Secteur Financier on 3 May 2013. This prospectus is available for free during regular business hours from STRABAG SE, Triglavstraße 9, 9500 Villach, as well as in electronic form on the websites of the issuer (www.strabag.com) and of the Luxembourg Stock Exchange (www.bourse.lu). Applications for subscription which are received before the start of a public offer will not be considered. In conjunction with an offer of securities of STRABAG SE, only the contents of the prospectus are binding. The information contained in this press release is nonbinding. This press release is not intended for distribution or circulation within the United States of America and may not be distributed in publications with broad circulation in the United States or to U.S. persons (as defined in Regulation S of the version of the U.S. Securities Act of 1933 currently in force). This press release does not constitute an offer or a solicitation to buy or subscribe securities in STRABAG SE in the United States of America. The securities will not be registered under U.S. securities laws and may not be offered, sold or delivered within the United States or to, or for the account or benefit of, U.S. persons unless registered or exempt from registration under U.S. securities laws. There will be no public offer of securities of STRABAG SE in the United States. Further inquiry note: STRABAG SE Diana Klein, CFA Head of Corporate Communications Tel: +43 1 22422-1116 diana.klein@strabag.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: STRABAG SE Donau-City-Straße 9 A-1220 Wien phone: +43 1 22422 -0 FAX: +43 1 22422 - 1177 mail: www.strabag.com WWW: investor.relations@strabag.com sector: Construction & Property ISIN: AT000000STR1, AT0000A05HY9 indexes: WBI, ATX Prime, SATX stockmarkets: official market: Wien language: English
Original content of: STRABAG SE, transmitted by news aktuell