voestalpine Successfully Places Bond Issue

Businessn.a. ♦ Published: January 26, 2011; 00:09 ♦ (Vindobona)

The Austrian steel company has closed its corporate bond issue. Proceeds are € 500m, the coupon is given by 4.75%.

voestalpine Successfully Places Bond Issue / Picture: © Voestalpine AG

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 exceeding more than € 700m and more than 150 different investors was “excellent”. The issue price is 100.888.

Issue of the bond and the start of official trading in the Second Regulated…