Alle Storys
Folgen
Keine Story von Andritz AG mehr verpassen.

Andritz AG

Very strong demand for the Andritz AG corporate bond

- Issued amount: EUR 200 million
- Coupon: 4.5%
- Issue price: 100.342%
- Strong demand from retail investors
- Issue proceeds will be used to finance further growth
  ots-CorporateNews transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Graz, 12 June 2006.  The public corporate bond 2006-2013 with a
volume of EUR 200 million that Andritz offered for subscription met
with very high interest from both institutional and retail investors.
Demand for the bond exceeded EUR 300 million, with investors outside
Austria also participating substantially in the transaction.  This is
the information provided by the two Joint lead managers of the
transaction, Bank Austria Creditanstalt AG and Erste Bank der
oesterreichischen Sparkassen AG, after the closing of the
subscription period.  Approximately 25% of the volume was placed with
retail investors.
The corporate bond, with a coupon of 4.5%, has a tenor of 7 years.
The issue price was fixed at 100.342%.  Application for listing on
the Vienna Stock Exchange has been made, and the Andritz corporate
bond is expected to list on the Second Regulated Market (Geregelter
Freiverkehr) as of 19 June 2006.
Wolfgang Leitner, President and CEO of Andritz AG, states: "We are
very satisfied with the placing of our corporate bond.  The high
demand - both from institutional and private investors - confirms the
excellent reputation that Andritz enjoys on the financial markets.
The issue proceeds will provide us with the necessary funds to act
quickly and flexibly on the market and enable us to continue our
successful complementary acquisition policy".
Disclaimer: This document does not constitute an offer or a
solicitation to buy bonds.  A prospectus according to the Austrian
Capital Market Act was approved by the Austrian Financial Market
Authority and deposited with Oesterreichische Kontrollbank AG.  The
announcement in accordance with Section 10 of the Austrian Capital
Market Act was made on 27 May 2006 in the official journal of the
Vienna gazette (Amtsblatt zur Wiener Zeitung).  In connection with
the issue of bonds by the issuer, only the information in the
prospectus is binding.  The information contained in this document is
not binding.
Certain statements in this press release are "forward-looking
statements".  Such statements, which include words like "believes",
"intends", "expects" and words with similar meaning, reflect the
opinions and expectations of the management and are subject to risks
and uncertainties, which may have a material negative impact on
actual results.  The reader should therefore not unduly rely on such
forward looking statement.  The company is not obliged to publish the
results of potential changes to the information contained herein,
except to the extent required by applicable laws.
end of announcement                               euro adhoc 12.06.2006 08:00:00

Further inquiry note:

Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

Branche: Machine Manufacturing
ISIN: AT0000730007
WKN: 632305
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing

Original-Content von: Andritz AG, übermittelt durch news aktuell

Weitere Storys: Andritz AG
Weitere Storys: Andritz AG