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Wienerberger Plans New Bond Issue

Published: June 16, 2011; 14:57 · (Vindobona)

The Austrian brick producer plans to issue a bond with a volume of € 100m and a seven-year term. Proceeds will be used for refinancing of liabilities and general corporate financing.

Wienerberger Plans New Bond Issue / Picture: © Wienerberger

Wienerberger AG announced that it is planning to issue a new bond. The actual offering will depend on the market situation and is subject to the approval of the prospectus by the responsible authorities. The bond will have a volume of at least € 100m, a seven-year term (due in 2018), a denomination of € 1,000 and a fixed coupon that is expected to equal 5.0%. The final coupon can…

This article includes a total of 254 words.

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