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Bank Austria Issues € 500m Bond
Bank Austria, part of Italian major bank UniCredit and in charge of CESEE business, is raising money from the capital market.

The paper, with seven years to maturity, has an interest rate of 1.875 percent, according to banks entitled with the transaction. Institutional investors were offered a reoffer of 99.727 percent. The issue was arranged by parent company UniCredit, Danske Bank, JP Morgan, LBBW and Natixis.
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