Hybrid Bond (deeply subordinated) - Anl 08/S1/T1
Perpetual deeply subordinated fixed-to-floating rate notes under the EUR 500,000,000 Hybrid Debt Issuance Programme of Vienna Insurance Group.
Hybrid Bonds - Anl 08/S1/Tranche 1
Rating of Issuer
A+ (S&P), Outlook Stable
Rating of Issue
EUR 250 million
8.0% p.a. until 12/9/2018, thereafter: 3 Month Euribor + 4.8% p.a.
perpetual (no final maturity date)
by issuer for the first time on 12/9/2018 (First Call Date) or on any Interest Payment Date thereafter at their principal amount
bonds may be redeemed prior to the First Call Date upon special events at any time
Second Regulated Market (Geregelter Freiverkehr) of the Vienna Stock Exchange
Erste Group Bank AG
Terms and Conditions:
Final Terms dd 1 June 2008 - (pdf, 101 KB)
Release - 29 May 2008:
Hybrid bonds successfully launched
This website serves information purposes in Austria and constitutes neither an offer to sell nor a solicitation to buy any securities of Vienna Insurance Group AG Wiener Versicherung Gruppe. Any public offer will only be made in Austria on the basis of the base prospectus published for the purpose of the Hybrid Debt Issuance Programme. The base prospectus together with any supplements is available free of charge at the headquarters of Vienna Insurance Group AG Wiener Versicherung Gruppe, Schottenring 30, 1010 Wien, during ordinary business hours. Upon commencement of any public offer the final terms of the issue will also be made available free of charge during ordinary business hours at the headquarters of Vienna Insurance Group AG Wiener Versicherung Gruppe.
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