EQS-Adhoc: VOLKSBANK WIEN AG: VOLKSBANK WIEN AG intends to repurchase EUR 400,000,000 2.75% Fix to Fix Tier 2 Notes with an Interest Rate Reset Date on 6 October 2022 (ISIN: AT000B121967)

EQS-Ad-hoc: VOLKSBANK WIEN AG / Key word(s): Bond
VOLKSBANK WIEN AG: VOLKSBANK WIEN AG intends to repurchase EUR 400,000,000
2.75% Fix to Fix Tier 2 Notes with an Interest Rate Reset Date on 6
October 2022 (ISIN: AT000B121967)

27-Aug-2024 / 10:28 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.

══════════════════════════════════════════════════════════════════════════

Disclosure of inside information (Article 17 MAR)
Vienna, 27 August 2024

 

VOLKSBANK WIEN AG intends to repurchase EUR 400,000,000 2.75% Fix to Fix
Tier 2 Notes with an Interest Rate Reset Date on 6 October 2022
(ISIN: AT000B121967)

 

VOLKSBANK WIEN AG („VOLKSBANK WIEN“) will publish today an invitation to
holders (the „Noteholders“) of its EUR 400,000,000 2.75% Fix to Fix Tier 2
Notes with an Interest Rate Reset Date on 6 October 2022 (ISIN:
AT000B121967) (the „Notes“) to tender any and all of their Notes for
purchase by VOLKSBANK WIEN for cash, at a purchase price which will be
determined in the manner described in the Tender Offer Memorandum (as
defined below) by reference to a purchase spread of 165 bps, with a
settlement date on or around 6 September 2024 (the „Tender Offer“).

 

The Tender Offer is made exclusively on the basis of a tender offer
memorandum dated 27 August 2024 (the „Tender Offer Memorandum“), copies of
which are available to Noteholders on the website of the Tender Agents or
on their request from the Tender Agents. The Tender Offer will begin on
27 August 2024 and will expire at 5:00 p.m. (CEST) on 4 September 2024,
unless extended, re-opened, amended, shortened or terminated as provided
in the Tender Offer Memorandum. Instructions to participate in the Tender
Offer are to be submitted in accordance with the provisions of the Tender
Offer Memorandum to Kroll Issuer Services Limited, The Shard, 32 London
Bridge Street, London SE1 9SG, United Kingdom and Erste Group Bank AG, Am
Belvedere 1, 1100 Vienna, Austria, as the tender agents (the „Tender
Agents“). Any Notes tendered by the Noteholders may be rejected at the
sole discretion of VOLKSBANK WIEN.

 

Furthermore, VOLKSBANK WIEN intends, subject to market conditions, to
issue a new series of euro-denominated fixed to fixed resettable Tier 2
notes under its base prospectus dated 17 May 2024.

 

For further inquiries contact:

 

VOLKSBANK WIEN AG

Dietrichgasse 25

1030 Vienna

Austria

 

Investor Relations

Karl Kinsky

Tel.:  +43 1 40137 – 3338

eMail: investorrelations@volksbankwien.at

 

 

Disclaimer:

 

Neither the Tender Offer Memorandum nor this announcement constitutes or
contains an offer of, or the solicitation of an offer to buy or subscribe
for, securities issued by VOLKSBANK WIEN to any jurisdiction in which the
submission of such an offer or such an invitation to submit an offer or in
which the submission of an offer by or to certain persons is prohibited.
Noteholders who are outside of the Republic of Austria and who come into
possession of this announcement and/or the Tender Offer Memorandum and/or
who wish to make an offer to sell the Notes from outside the Republic of
Austria are required to inform themselves about the relevant legal
provisions in connection therewith and to comply with these provisions.
Neither VOLKSBANK WIEN nor the Tender Agents nor any of the Dealer
Managers (as set out in the Tender Offer Memorandum) assumes any liability
whatsoever in connection with the submission of an offer to sell notes
from outside the Republic of Austria.

 

This announcement is mandatory pursuant to Article 17 of the Market Abuse
Regulation. It does not constitute financial analysis or advice relating
to financial securities. This announcement is neither a recommendation nor
an offer, invitation or solicitation to purchase or sell any securities of
VOLKSBANK WIEN.

 

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS NOT FOR RELEASE,
PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR
RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS
(INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA,
WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED
STATES OF AMERICA OR THE DISTRICT OF COLUMBIA OR IN OR INTO OR TO ANY
PERSON RESIDENT OR LOCATED IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL
TO RELEASE, PUBLISH OR DISTRIBUTE THE INFORMATION CONTAINED IN THIS
ANNOUNCEMENT.

 

End of Inside Information

══════════════════════════════════════════════════════════════════════════

27-Aug-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com

══════════════════════════════════════════════════════════════════════════

Language: English
Company: VOLKSBANK WIEN AG
Dietrichgasse 25
1030 Vienna
Austria
Phone: 0043 0 40137-0
E-mail: kundenservice@volksbankwien.at
Internet: volksbankwien.at
ISIN: AT000B121967, AT000B122080, AT000B122049, AT000B121967,
AT000B121991
WKN: , A3KNMA, A2SADX , A19P69 , A191M4
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1975767

 
End of Announcement EQS News Service

1975767  27-Aug-2024 CET/CEST