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Asfinag Bond Issue Successfully Placed

Published: May 31, 2012; 10:39 · (Vindobona)

The Austrian highway financing company has placed a € 1.0bn corporate bond at historically low rates. The bond has a maturity of 20 years.

Asfinag Bond Issue Successfully Placed / Picture: © Asfinag

Today, the publicly held Austrian highway financing company Asfinag announced to have successfully placed its long-term corporate bond. With a cupon of 2.75%, the interest rate is historically low.  UniCredit, DZ Bank, Morgan Stanley and Credit Agricole acted as joint lead managers.

„The corporate bond was significantly oversubcribed. The demand for Asfinag´s bond was very…

This article includes a total of 179 words.

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