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VBAG Buys Back € 236m Hybrid Bonds
The Buyback program generates book profits of € 130m.
VBAG Buys Back € 236m Hybrid Bonds / Picture: © Volksbank AG
Österreichische Volksbanken-AG (VBAG) is working intensively to implement measures necessary for the sustainable positive development of the Bank according to the restructuring agreement. These include buying back hybrid bonds. The invitation to participate in the tender offer was sent to the bondholders on 22 May and ended with a very satisfactory result.
From a total of €…
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