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Bank Austria Issues € 500m Bond

Published: October 22, 2013; 18:01 · (Vindobona)

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

Bank Austria Issues € 500m Bond / Picture: © Uni Credit Group Bank Austria

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.

This article includes a total of 45 words.

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