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Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
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EGGER hybrid bond 2018 successfully placed
Capital Measures
St. Johann in Tirol - EGGER hybrid bond 2018 successfully placed
Hybrid bond with a volume of EUR 150 million
Egger Holzwerkstoffe GmbH, the parent company of the international wood-based
material manufacturer EGGER, St. Johann in Tirol, has successfully completed the
issue of a deeply subordinated hybrid bond with perpetual maturity and an early
redemption option for the issuer after five years.
The issue, which has a minimum subscription volume of EUR 100,000 exclusively to
institutional investors, was placed, with a total amount of EUR 150 million,
mainly to European investors. The coupon was fixed at 4.875 % due to the great
interest.
"We are pleased about the investors' trust in us as a solid Austrian family-
owned company," says Thomas Leissing, spokesman for the EGGER Group Management
and responsible for finance and administration. "In addition to general
corporate financing, the proceeds will support the current and future strategic
investment programme as a basis for long-term profitable growth, as well as
optimise our financing structure and strengthen our own funds base."
About EGGER
The family company, founded in 1961, employs approximately 9,000 people. In 18
plants across the world, they produce an extensive product range of wood-based
materials (chipboard, OSB, and MDF boards) as well as timber. The company
generated a turnover of EUR 2.38 billion in the 2016/2017 financial year and has
worldwide customers in the furniture industry, wood and flooring retailers, as
well as DIY markets. EGGER products are found in countless areas of private and
public life, including kitchens, bathrooms, offices, living rooms and bedrooms.
EGGER is a full-range supplier for the furniture and interior design industry,
for wood construction, as well as wood-based flooring (laminate, cork and design
flooring) industries.
Legal notice
This announcement is neither a prospectus nor an offer to sell, nor a
solicitation to buy any securities, nor a financial analysis or advice or
recommendation related to financial instruments. The securities have not been
and will not be issued under foreign securities laws, notably pursuant to the
U.S. Securities Act of 1933, as amended (the "Securities Act"), registered with
foreign securities authorities, and may not be offered or sold in the United
States of America ("USA") without registration or exemption from the
registration requirements under the Securities Act.
Further inquiry note:
FRITZ EGGER GmbH & Co. OG
Holzwerkstoffe
Manuela Leitner
Head of Corporate Communications
Weiberndorf 20
6380 St. Johann in Tirol
Austria
T +43 5 0600-10638
F +43 5 0600-90638
manuela.leitner@egger.com
end of announcement euro adhoc
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issuer: Egger Holzwerkstoffe GmbH
Weiberndorf 20
A-6380 St. Johann in Tirol
phone: +43/(0) 50/600-0
FAX: +43/(0) 50/600-10111
mail: info@egger.com
WWW: www.egger.com
ISIN: AT0000A0NBF0, AT0000A0WNP5
indexes:
stockmarkets: Wien
language: English