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Voestalpine Places a Bond Issue of € 500m

Published: September 26, 2012; 20:59 · (Vindobona)

The proceeds are intended for general financing purposes. The bond is predominantly subscribed by international investors

Voestalpine Places a Bond Issue of € 500m / Picture: © Voestalpine AG

The Austrian steel and automotive group voestalpine AG has successfully placed a corporate bond issue of € 500m in the capital market, intended to be used for general financing purposes. The quality of the final order book with € 1.7bn and 270 different investors, in particular from Germany, Switzerland and UK, was excellent. The coupon is 4%. Issue of the bond and start of official…

This article includes a total of 73 words.

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AT0000937503