EANS-Adhoc: Kommunalkredit Austria AG
Termination of Overcollateralization
Agreement
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- other 02.10.2015 02.10.2015 Kommunalkredit Austria AG, Commercial Register number FN 439528s, (KA) terminates the agreement concluded by Kommunalkredit Austria AG "Old" (KA Old) on 27 January 2011 regarding the overcollateralization of certain covered bank bonds issued by KA Old (the Overcollateralization Agreement) as of today's date. The termination of overcollateralization by KA applies to those covered bank bonds (as indicated below) which were transferred to KA by way of the demerger of KA Old effective as of 26/09/2015. Through the demerger, the overcollateralization agreement regarding these covered bank bonds was also transferred to KA. The termination is based on the issuer's right to terminate the agreement in the event of a demerger. The agreed period of notice of three months begins today (02(10/2015) and ends on 02/01/2016. From that time onwards, a nominal overcollateralization of about 10% of the redemption amount of the outstanding covered bank bonds will be maintained on a voluntary basis. ISINs of the covered bank bonds concerned: XS1265773116 QOXAH0900001 QOXAH0900000 XS0333613601 CH0020669583 CH0022280058 CH0024015452 CH0025662831 ISIN XS0104786263; XS0163624504; XS0186736228; XS0187975262; XS0205974701; XS0213230047; XS0214564972; XS0214981812; XS0215839019; XS0215865287; XS0218474533; XS0219327524; XS0241451581; XS0252593198; XS0252786669; XS0253410236; XS0267998481; XS0270872640; XS0271821513; XS0299062389; XS0302365134; XS0340901908; XS0495988072; CH0020669583; CH0022280058; CH0024015452; CH0025662831 Further inquiry note: Kommunalkredit Austria AG Treasury - Investor Relations Dinah Reiss 1092 Wien/Vienna, Türkenstraße/Tuerkenstrasse 9 Tel./Phone: +43/1/31 6 31-678 Fax: +43/1/31 6 31-505 oder/or 99678 Mail: d.reiss@kommunalkredit.at end of announcement euro adhoc -------------------------------------------------------------------------------- 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: Luxembourg Stock Exchange, Wien, SIX Swiss Exchange language: English
Original-Content von: Kommunalkredit Austria AG, übermittelt durch news aktuell