Strabag Issues € 100m Corporate Bond

Businessn.a. ♦ Published: May 3, 2012; 15:32 ♦ (Vindobona)

Proceeds will be used for general business purposes and the further improvement of the financing structure of the Austrian construction company.

Strabag Issues € 100m Corporate Bond / Picture: © Strabag SE

The Austrian construction company Strabag SE is preparing to issue a € 100m corporate bond. The fixed-interest bond has a term to maturity of seven years and a coupon of 4.25 % p.a. The bond issue has already been met with great interest among institutional investors and will also be offered for subscription to Austrian, German and Luxembourgian private investors from 4 May 2012 to 8…