Voestalpine to Issue Corporate Bonds of € 1.0bn

Businessn.a. ♦ Published: June 25, 2012; 16:50 ♦ (Vindobona)

The Austrian steel company voestalpine is said to plan a bond program of € 1.0bn.

Voestalpine to Issue Corporate Bonds of € 1.0bn / Picture: © Voestalpine AG

The Vienna-listed steel group plans to issue corporate bonds of up to € 1.0bn, „Börse-Express“ reports. The program would enable voestalpine to issue hybrid bonds and debentures in several tranches.

The joint lead managers should be Credit Agricole Corporate and Investment Bank. Already in 2011, voestalpine initiated such a bond program together with Erste Group and…