03.05.2013 | Austria

S&T AG bond offering period begins on May 13, 2013

The prospectus for the planned issuance of the S&T AG bond has been approved today by the Luxembourg Financial Market Authority CSSF (Commission de Surveillance du Secteur Financier).

The prospectus is now available for download on the website of S&T AG (www.snt.at) as well as on the websites of the Frankfurt Stock Exchange (www.boerse-frankfurt.de) and the Luxembourg Stock Exchange (www.bourse.lu). A hardcopy of the prospectus is available at request at the registered office of the Company during business hours. S&T AG has requested notification of the prospectus to the German Federal Financial Supervisory Authority BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) and the Austrian Financial Market Authority FMA (Finanzmarktaufsicht). An inclusion of the corporate bond in the Open Market of Deutsche Börse AG (Regulated unofficial market of the Frankfurt Stock Exchange) with simultaneous inclusion in the segment Entry Standard for Bonds is expected to take place on May 22, 2013.

As announced in an Ad hoc-release on May 2, 2013, the corporate bond (ISIN: DE000A1HJLL6 / WKN: A1HJLL) has a total volume of up to EUR 15 million, a five year maturity and a fixed interest rate of 7.25 percent per year. With a minimum investment amount of EUR 1,000, the bond is targeted to both retail and institutional investors. Retail investors in Germany, Luxembourg and Austria will have the opportunity to submit their subscription offers via their depository bank to the Frankfurt Stock Exchange as expected from May 13 until May 17, 2013 at 12 noon, subject to a possible earlier termination of the offering period.

Asset management companies and institutional investors can subscribe via the Sole Global Coordinator and Bookrunner, Close Brothers Seydler Bank AG, based in Frankfurt am Main. In case of oversubscription, the public offering may end earlier.

The net proceeds shall be used for refinancing of existing financial liabilities as well as for a balanced financial debt structure.