Kommunalkredit Austria AG

EANS-News: Kommunalkredit Austria AG
Tender offer relating to CHF bonds

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
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Company Information

4 May 2017 - Kommunalkredit Austria AG ("Kommunalkredit") announces today its
invitation to holders of CHF covered bonds due 2020, 2022 and 2026, with the
ISIN referred to below, to tender their bonds for cash for up to CHF 200 million
in accordance with the terms of a tender offer memorandum, copies of which are
available to eligible holders through the tender agent. Through the tender
offers, Kommunalkredit intends to realign the currency structure of the CHF
denominated covered bonds and the predominantly EUR denominated cover pool. For
future funding requirements, which may arise, Kommunalkredit intends to issue
covered bonds, among other instruments.

The tender offers start today, 4 May 2017 and ends on 12 May 2017. The results
of the tender offer will be published on 15 May 2017. Kommunalkredit retains the
right to cancel some or all of the repurchased bonds.

ISIN: CH0022280058; CH0024015452; CH0025662831
Stockmarket: SIX Swiss Exchange



Disclaimer:

This Announcement neither constitutes a prospectus in the sense of Art. 652a or
Art. 1156 of the Swiss Code of Obligations nor a listing prospectus within the
meaning of the listing rules of the SIX Swiss Exchange nor a prospectus within
the meaning of Directive 2003/71/EC, as amended, and as implemented into
national law.

Nothing in this announcement constitutes an offer to buy or the solicitation of
an offer to sell securities in the United States or any other jurisdiction in
which such offer or solicitation would be unlawful.


IMPORTANT NOTICE
NOT FOR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN OR AT
ANY ADDRESS IN, THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF
THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR ANY OTHER JURISDICTION WHERE IT
IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT. OTHER RESTRICTIONS APPLY AS SET OUT IN
THE TENDER OFFER MEMORANDUM.

Further inquiry note:
Kommunalkredit Austria AG
Treasury 
Ingo Rieger
1092 Vienna, Tuerkenstrasse 9
Phone: +43/1/31 6 31-620
Fax: +43/1/31 6 31-505 or 99620
Mail: i.rieger@kommunalkredit.at

end of announcement                               euro adhoc 
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company:     Kommunalkredit Austria AG
             Türkenstraße  9
             A-1092 Wien
phone:       +43 1 31 6 31
FAX:         +43 1 31 6 31 105
mail:     kommunal@kommunalkredit.at
WWW:      www.kommunalkredit.at
sector:      Banking
ISIN:        -
indexes:     
stockmarkets: stock market: Luxembourg Stock Exchange, Wien, SIX Swiss Exchange 
language:   English
 

 


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