S&T AG: Early closing of 7.25% corporate bond 2013/2018 with an amount of EUR 15 million offering due to oversubscription

13.05.2013 | Austria

Due to oversubscription already on the first day of the subscription period the offer of S&T AG's 7.,25% corporate bond 2013/2018 (ISIN: DE000A1HJLL6 / WKN: A1HJLL) ends earlier at 10:00 am today. Originally, the subscription period was set to run from May 13, 2013 to May 17, 2013 (at noon).

The corporate bond has a total volume of EUR 15 million, a maturity of five years and a fixed interest rate of 7.25 percent per annum. Due to early termination of the offering of the corporate bond, trading 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 planned to start on Wednesday May 15, 2013. The issuance and value date remains May 22, 2013.

The net proceeds from the issuance of the bond are to be employed to refinance extant financial liabilities, thus bringing about a well-balanced structure of outside capital.

Close Brothers Seydler Bank AG, Frankfurt am Main, acts as Sole Global Coordinator and Sole Bookrunner on the transaction.

More information on the corporate bond is available on the Company's website: www.snt.at.

Further inquiry note:
ir@snt.at; +437327664150

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