EANS-Adhoc: Kommunalkredit Austria AG
Privatization process not completed on
the basis of existing offers
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announcement.
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other/Privatisations
16.05.2013
Today, Kommunalkredit Austria AG (KA) was informed by Finanzmarktbeteiligung
Aktiengesellschaft des Bundes (FIMBAG) which is responsible for the handling of
the privatization process of KA on behalf of the Republic of Austria, that the
privatization process was not completed on the basis of existing offers. A value
preserving transaction for shareholders was not possible in the current market
environment. As a result, KA remains in the ownership of the Republic of
Austria.
KA was further informed that the Republic of Austria has applied with the
European Commission (EC) not to appoint a divestiture trustee. Conversely, KA
will not effect any new lending activity. Existing as well as committed lending
transactions as well as ongoing refinancing activity will continue.
Language: German, English
Issuer: Kommunalkredit Austria AG
Tuerkenstrasse 9
1092 Vienna
Austria
Phone: +43/1/31 6 31-678
E-mail: investorrelations@kommunalkredit.at
Internet: www.kommunalkredit.at
ISIN:
XS0285503248, XS0252707624, XS0437341307, AT0000329859, DE0002490505,
XS0373257590, XS0340901908, XS0336932065, XS0302365134, XS0299062389,
XS0289015777, XS0286031777, XS0271821513, XS0270872640, XS0267998481,
XS0266826659, XS0261832942, XS0260020366, XS0255439803, CH0025662831,
XS0253410236, XS0252786669, XS0252593198, DE000A0GPU96, XS0244843511,
XS0241451581, CH0024015452, XS0236776877, XS0235597068, CH0022654518,
CH0022280058, XS0219327524, XS0218834843, XS0218474533, XS0215839019,
XS0215865287, XS0215246546, XS0214981812, XS0214564972, XS0213696916,
XS0213230047, CH0020669583, XS0212122534, XS0211496590, XS0210167218,
XS0205974701, XS0197387953, XS0187975262, XS0186736228, CH0017447787,
XS0180539420, XS0176120268, XS0172076365, XS0166801174, XS0163624504,
XS0160668181, XS0104786263, XS0100920353, AT0000A0H9X0, XS0495988072,
XS0591640155, XS0592235187, XS0632936950, XS0641895577, XS0641895148,
XS0641894927, XS0687890441
Stock exchanges: Vienna, Luxembourg, Frankfurt, Zurich
Issuer: Kommunalkredit Austria AG
Tuerkenstrasse 9
A-1092 Vienna
Phone: +43 1 31 6 31
FAX: +43 1 31 6 31 105
Mail: kommunal@kommunalkredit.at
WWW: www.kommunalkredit.at
Sector: Banking
ISIN: -
Indexes:
Stockmarkets: stock market: Vienna
Language: English
Further inquiry note:
Kommunalkredit Austria AG
Treasury
Christoph Zoitl
1092 Vienna, Tuerkenstrasse 9
Phone: +43/1/31 6 31-433
Fax: +43/1/31 6 31-505 or 99433
E-mail: c.zoitl@kommunalkredit.at
end of announcement euro adhoc
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issuer: Kommunalkredit Austria AG
Türkenstraße 9
A-1092 Wien
phone: +43 1 31 6 31
FAX: +43 1 31 6 31 105
mail: kommunal@kommunalkredit.at
WWW: www.kommunalkredit.at
sector: Banking
ISIN: -
indexes:
stockmarkets: stock market: Wien
language: English
Original-Content von: Kommunalkredit Austria AG, übermittelt durch news aktuell