Call option exercised in accordance with bond terms and conditions
Vienna, December 14, 2016 – In a joint meeting of the Managing Board and the Supervisory Board, the Management of Wienerberger AG today decided to exercise the call option to redeem the 2007 hybrid bonds (ISIN DE000A0G4X39) in accordance with Sect. 5(5) of the terms and conditions of the bond issue as at February 9, 2017. The volume of the 2007 hybrid bonds amount to € 221.8 million.
The amount to be redeemed, including the last annual coupon, comes to € 1,065.09 per bearer bond of a nominal value of EUR 1,000. The redemption will be made via the paying agent and the clearing system, without any steps to be taken by the bond holders.
The 2014 hybrid bonds (ISIN DE000A1ZN206) are not concerned by the call of the 2007 hybrid bonds (ISIN DE000A0G4X39).
The Wienerberger Group
Wienerberger is the world’s largest producer of bricks (Porotherm, Terca) as well as the market leader in roof tiles (Koramic, Tondach) in Europe and concrete pavers (Semmelrock) in Central and Eastern Europe. In pipe systems (Steinzeug-Kermamo and Pipelife plastic pipes), the company ranks among the leading suppliers in Europe. With a total of 202 pro-duction sites, Wienerberger generated revenues of € 2,972 million and operating EBITDA of € 370 million in 2015.
For additional information, please contact:
Klaus Ofner, Head of Investor Relations Wienerberger AG
T +43 1 601 92 - 10221 | email@example.com