EANS-News: Egger Holzwerkstoffe GmbH
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- EGGER intends to issue a hybrid bond Capital Measures St. Johann in Tirol - THE INFORMATION CONTAINED IN THIS COMMUNICATION IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, OR OTHER COUNTRIES IN WHICH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. EGGER Holzwerkstoffe GmbH ("EGGER") intends to issue a deeply subordinated bond with perpetual maturity and an early redemption option for the issuer after five years (hybrid bond). UniCredit Bank AG has been mandated as Sole Structuring Advisor and Sole Bookrunner. Raiffeisen Bank International AG acts as co-lead manager. EGGER aims for a volume at least in the lower three-digit million range (sub- benchmark size). The actual issue volume as well as the details of the transaction, such as the total nominal amount, the issue price and the coupon will be determined following a four-day investor roadshow based on prevailing market conditions as part of a bookbuilding process. The issue, with a minimum subscription volume of EUR 100,000, is aimed exclusively at institutional investors. A "retail offer" will not be made. The issue is expected to close in March 2018. The funds from the issue are intended to serve general corporate financing, including current and future investment projects, as well as the optimization of the financing structure, including the strengthening of the equity base. About EGGER The family company, founded in 1961, employs approximately 9,000 people. In 18 plants across the world, they produce an extensive product range of wood-based materials (chipboard, OSB, and MDF board) as well as timber. The company generated a turnover of EUR 2.38 billion in the 2016/2017 financial year and has worldwide customers in the furniture industry, wood and flooring retailers, as well as DIY markets. EGGER products are found in countless areas of private and public life, including kitchens, bathrooms, offices, living rooms, and bedrooms. EGGER is a full-range supplier for the furniture and interior design industry, for wood construction, as well as wood-based flooring (laminate, cork and design flooring) industries. Legal notice This announcement is neither a prospectus nor an offer to sell, nor a solicitation to buy any securities, nor a financial analysis or advice or recommendation related to financial instruments. The securities have not been and will not be issued under foreign securities laws, notably pursuant to the U.S. Securities Act of 1933, as amended (the "Securities Act"), registered with foreign securities authorities, and may not be offered or sold in the United States of America ("USA") without registration or exemption from the registration requirements under the Securities Act. This communication is not intended for distribution in, or within, the United States, Australia, Canada, or Japan, or any other state in which such distribution or dissemination is prohibited, and may not be made available to any general circulation publications within the US. There will be no public offering of securities in the US. Further inquiry note: FRITZ EGGER GmbH & Co. OG Holzwerkstoffe Manuela Leitner Head of Corporate Communications Weiberndorf 20 6380 St. Johann in Tirol Austria T +43 5 0600-10638 F +43 5 0600-90638 manuela.leitner@egger.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Egger Holzwerkstoffe GmbH Weiberndorf 20 A-6380 St. Johann in Tirol phone: +43/(0) 50/600-0 FAX: +43/(0) 50/600-10111 mail: info@egger.com WWW: www.egger.com ISIN: AT0000A0NBF0, AT0000A0WNP5 indexes: stockmarkets: Wien language: English
Original-Content von: Egger Holzwerkstoffe GmbH, übermittelt durch news aktuell