Strabag SE places € 140m Bonded Loan

Businessn.a. ♦ Published: March 20, 2012; 12:22 ♦ (Vindobona)

The Austrian construction company strengthens the diversification of financing structure. Strabag issues two fixed-interest and two variable tranches with terms to maturity of 5 and 7 years.

Strabag SE places € 140m Bonded Loan / Picture: © Vindobona.org

Strabag SE, Central and Eastern Europe’s largest construction company, has placed a bonded loan. Given the high investor demand, the volume was raised from originally € 100m to € 140m.

“This transaction further diversifies our financing structure: in recent years, we have issued shares and bonds and renewed our syndicated surety loan. These, together with existing credit…