Corporate Bond of Novomatic: Surprisingly High Demand

People ♦ Published: October 22, 2010; 15:59 ♦ (Vindobona)

Issuing volume has been doubled. The placement process has been closed very early, Novomatic-boss Wohlfahrt is content with the succesful bond issue.

Corporate Bond of Novomatic: Surprisingly High Demand / Picture: © Novomatic

Among investors, the corporate bond of the Austrian gambling operator, Novomatic, is highly popular. The goal of the group´s CEO, Franz Wohlfahrt, was to generate 75 million euros at least. Now, due to the high demand for the seven-year bond, funds have doubled.

Erste Bank Group and UniCredit Bank Austria have been engaged as Joint-Lead Manager. Several other banks were also…

or Log In

Fast News Search
Related News
bwin Notifies Merger with PartyGaming to Competition Authority (October 20, 2010)
Online Sports Betting: Competition from William Hill (October 13, 2010)
Bratislava: Investment in Slovak 'Las Vegas' in Danger (October 7, 2010)
After its merger with PartyGaming, bwin has moved its headquarters to Gibraltar (September 13, 2010)
Gambling - Awarding of Austrian concessions not in line with EU laws (September 9, 2010)
Casinos Austria International in the red (September 1, 2010)
Casinos Austria Opens Casino in Glasgow (September 1, 2010)
New management at S&T Austria GmbH (July 23, 2010)
Bwin’s successful World Cup record (July 13, 2010)
Read More
Bookbuilding, Bond Market, Novomatic, Franz Wohlfahrt, Erste Group, UniCredit, Private Placement
Featured
See latest Vindobona Newsletter