Kapsch TrafficCom AG Issues a Corporate Bond

People ♦ Published: October 19, 2010; 16:24 ♦ (Vindobona)

With the issuance of the bond, investments necessary for continuation of growth are made possible.

Kapsch TrafficCom AG Issues a Corporate Bond / Picture: © Kapsch AG

With an approximate volume of 65 to 75 million euro, Kapsch TrafficCom AG (ISIN AT000KAPSCH9) is issuing a corporate bond with a maturity of seven years. The coupon will amount to 4.125%. The specific interest rate and offering price will be determined after the book building process, which runs until October 21.

The subscription period runs from 27 to 29 October 2010. The…