Capital/Financing Update • Nov 29, 2023
Capital/Financing Update
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News-Service of the pressetext news agency Josefstädter Straße 44, 1080 Vienna, Austria, phone: +43 1 81140-0
Publication: 29.11.2023 10:10 Source: https://www.pressetext.com/news/20231129017 Keywords: PORR AG / Economy / Stock Exchange
Public disclosure of inside information according to article 17 MAR
Vienna (pta/29.11.2023/10:10 UTC+1)
PORR AG ("PORR" or the "Company") is currently examining the issuance of a hybrid bond in the financial year 2024, including the possibility of a buy-back offer for the hybrid bonds issued in 2020 and in 2021, as part of the optimization of its equity structure and has mandated Raiffeisen Bank International AG and M.M. Warburg & CO (AG & Co.) KGaA for this purpose.
A potential issuance of a hybrid bond in the coming year is intended to further strengthen the Company's balance sheet. The issue of a market-customary hybrid bond remains subject to the prevailing market situation at that time and the approval by the supervisory board.
THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN.
This announcement is not a prospectus and does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for securities, a financial analysis or any advice or recommendation regarding any financial instruments. In line with foreign securities laws, particularly the US Securities Act of 1933, as amended ("Securities Act"), securities have not been registered and will not be registered with foreign securities authorities and in particular may not be offered or sold in the United States of America ("USA") without registration or an exemption from the registration requirements of the Securities Act. This announcement may not be disseminated in and/or within the USA, Australia, Canada or Japan or any other jurisdiction in which the distribution or dissemination may be unlawful and may not be distributed or forwarded to publications that are widely available in the USA.
If you have any questions, please contact
Karl-Heinz Strauss CEO PORR AG
T +43 50 626 1001 [email protected]
Klemens Eiter CFO PORR AG
T +43 50 626 1004 [email protected]
Press contact:
Melanie Manner Press Officer & Media Relations
PORR AG T +43 50 626 5867 [email protected]
| Emitter: | PORR AG Absberggasse 47 1100 Wien Austria |
|---|---|
| Contact Person: | Dir. Prok. Rolf Petersen |
| Phone: | 050626-1199 |
| E-Mail: | [email protected] |
| Website: | www.porr-group.com |
| ISIN(s): | AT0000609607 (Share) AT0000A086F0 (Genussrecht) XS2113662063 (Bond) XS2408013709 (Bond) |
| Stock Exchange(s): | Vienna Stock Exchange (Official Trade); Free Market in Frankfurt (Basic Board) |
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