EANS-Adhoc: KTM Power Sports AG
KTM plans new bond issue
22.03.2012 – 19:44
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 22.03.2012 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, UK, CANADA, JAPAN, AUSTRALIA OR TO U.S. PERSONS 22 March 2012 KTM plans new bond issue - issue size of EUR 75 mio - 5 year term - coupon: fixed interest rate, payable half-yearly - proceeds will be used exclusively for partial early repayment of bank loans granted to group companies KTM Power Sports AG plans to issue a new bond. The actual offering is subject to the approval of the listing and offering prospectus by the Financial Market Authority which is expected for 30 March 2012. The bond will have a volume of EUR 75 mio, a 5 year term and a denomination of EUR 500. The bonds will bear a fixed interest rate, payable half-yearly. The proceeds will be used exclusively for the partial early repayment of bank loans granted to group companies. The bond is addressed both to retail investors in Austria as well as to institutional investors. The bonds will be listed for trading on the Regulated Market of the Vienna Stock Exchange. Disclaimer: The information contained in this announcement does not constitute an offer to sell nor a solicitation to buy or subscribe for any securities of KTM Power Sports AG. A public offer of securities of KTM Power Sports AG may only be made in Austria after publication of an approved prospectus. Any securities orders received prior to the commencement of a public offer will be rejected. If a public offer of securities of KTM Power Sports AG is made in Austria, a prospectus will be published in accordance with the Austrian Capital Market Act and will be available on the website of the company (http://www.ktm.com/at/) and free of charge at KTM Power Sports AG, Stallhofner Straße 3, 5230 Mattighofen, Austria, during usual business hours. In connection with an offer of securities of KTM Power Sports AG only the information in the prospectus will be binding. Any information in this announcement is not binding. This information is not for release, publication or distribution in or into the United States of America and may not be distributed to U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")) or publications with a general circulation in the United States. This information does not constitute an offer of securities for sale in the United States. Securities may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration under the Securities Act. There will be no public offer of securities of KTM Power Sports AG in the United States. Further inquiry note: KTM Power Sports AG Mag. Viktor Sigl MBA Tel: +43 7742 6000 144 Mail to: viktor.sigl@ktm.at end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: KTM Power Sports AG Stallhofnerstraße 3 A-5230 Mattighofen phone: +43(0)7742/6000-0 FAX: +43(0)7742/6000-5216 mail: ir@ktmpowersports.com WWW: www.ktm.com sector: Technology ISIN: AT0000645403 indexes: mid market stockmarkets: official market: Wien language: English