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AT & S evaluates the issue of hybrid bonds

Published: October 24, 2017; 16:31 · (Vindobona)

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft evaluates the issue of a deeply subordinated bond with an indefinite term and an early redemption option by the issuer after five years (hybrid bond). Details of the issue such as the total nominal value, issue price and coupon would be determined based on the respective applicable market conditions.

AT & S evaluates the issue of hybrid bonds / Picture: ©

At least a high, double-digit million volume (sub-benchmark size) would be expected. The execution of a potential issue particularly depends on given market conditions and the consent of the Supervisory Board and could still take place in the fiscal year 2017/18. The issue would be directed exclusively to institutional investors, a retail offer would not take place.

The potential…

This article includes a total of 446 words.

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