Strabag Issues € 175m Corporate Bond

Business › n.a. ♦ Published: May 18, 2011; 12:36 ♦ (Vindobona)

The bond has a term to maturity of seven years and a coupon of 4.75%. Proceeds will be used for general business purposes and the improvement of the financing structure.

Strabag Issues € 175m Corporate Bond / Picture: © Strabag SE

Strabag SE is preparing to issue a € 175m corporate bond. The fixed-interest bond has a term to maturity of seven years and a coupon of 4.75% p.a. The bond issue has already been met with great interest among institutional investors and will also be offered for subscription to private Austrian investors from 19 May 2011 to 23 May 2011 (subject to early closing).

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