EQS-Adhoc: voestalpine AG: voestalpine AG today launches an offering of EUR 250 million convertible bonds to optimise its funding structure

EQS-Ad-hoc: voestalpine AG / Key word(s): Issue of Debt
   voestalpine AG: voestalpine AG today launches an offering of EUR 250
   million convertible bonds to optimise its funding structure

   19-Apr-2023 / 07:43 CET/CEST
   Disclosure of an inside information acc. to Article 17 MAR of the
   Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS
   Group AG.
   The issuer is solely responsible for the content of this announcement.

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   NOT FOR DIRECT OR INDIRECT PUBLICATION, DISTRIBUTION OR RELEASE IN OR INTO
   THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR
   ANY JURISDICTION IN WHICH OFFERS OR SALES OF THE SECURITIES WOULD BE
   PROHIBITED BY APPLICABLE LAWS.

   voestalpine AG today launches an offering of EUR 250 million convertible
   bonds to optimise its funding structure

   The Management Board of voestalpine AG ("voestalpine") resolved today,
   with the consent of the Supervisory Board, to launch an offering (the
   “Offering”) of senior unsecured convertible bonds due 2028 in an aggregate
   principal amount of EUR 250 million (the "Bonds"). The Bonds will be
   convertible into new and/or existing no-par value ordinary bearer shares
   of voestalpine (the "Shares").

   The Bonds with a denomination of EUR 100,000 per Bond will be issued at
   100% of their principal amount. Unless previously converted, redeemed or
   repurchased and cancelled, the Bonds will be redeemed at their principal
   amount plus accrued interest on or around 28 April 2028.

   The Offering will be made by way of an accelerated bookbuilding solely to
   institutional investors outside the United States of America in reliance
   on Regulation S under the U.S. Securities Act of 1933, as amended, as well
   as outside of Australia, Canada, Japan, South Africa and any other
   jurisdiction in which offers or sales of the Bonds would be prohibited by
   applicable law. The existing shareholders’ pre-emptive rights
   (Bezugsrechte) to the Bonds are excluded.

   The result of the Offering and the final terms of the Bonds are expected
   to be determined and announced through a separate press release later
   today. Settlement is expected to take place on or around 28 April 2023.

   IMPORTANT NOTICE
   This announcement may not be published, distributed or transmitted,
   directly or indirectly, in the United States of America (including its
   territories and possessions), Australia, Canada, Japan, South Africa or
   any other jurisdiction where such announcement could be unlawful. The
   distribution of this announcement may be restricted by law in certain
   jurisdictions and persons who are in possession of this document or other
   information referred to herein should inform themselves about and observe
   any such restrictions. Any failure to comply with these restrictions may
   constitute a violation of the securities laws of any such jurisdiction.

   This announcement does not constitute an offer of, or a solicitation of an
   offer to purchase, securities of voestalpine or of any of its subsidiaries
   in the United States of America, Germany or any other jurisdiction.
   Neither this announcement nor anything contained herein shall form the
   basis of, or be relied upon in connection with, an offer in any
   jurisdiction. The securities offered will not be and have not been
   registered under the U.S. Securities Act of 1933, as amended (the
   "Securities Act") and may not be offered or sold in the United States
   absent registration or an applicable exemption from the registration
   requirements under the Securities Act.

   In the United Kingdom, this announcement is only directed at persons who
   (i) are investment professionals falling within Article 19(5) of the
   Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
   (as amended) (the "Order") or (ii) are persons falling within Article
   49(2)(a) to (d) of the Order (high net worth companies, unincorporated
   associations, etc. (all such persons together being referred to as
   "Relevant Persons")). This document must not be acted on, or relied upon,
   by persons who are not Relevant Persons. Any investment or investment
   activity to which this document relates is available only to Relevant
   Persons and will be engaged in only with Relevant Persons.

   In member states of the European Economic Area the placement of securities
   described in this announcement is directed exclusively at persons who are
   "qualified investors" with-in the meaning of Regulation (EU) 2017/1129 of
   the European Parliament and of the Council of 14 June 2017 as amended (the
   “Prospectus Regulation”).

   The Bonds are not intended to be offered, sold or otherwise made available
   to and should not be offered, sold or otherwise made available to any
   retail investor in the EEA, the UK or elsewhere. No PRIIPs key information
   document (KID) has been prepared as not available to retail investors in
   EEA, the UK or elsewhere.

   No action has been taken that would permit an offering or an acquisition
   of the securities or a distribution of this announcement in any
   jurisdiction where such action would be unlawful. Persons into whose
   possession this announcement comes are required to inform themselves about
   and to observe any such restrictions.

   This announcement does not constitute a recommendation concerning the
   placement. Investors should consult a professional advisor as to the
   suitability of the placement for the person concerned.

    

   End of Inside Information

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   19-Apr-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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   Language:    English
   Company:     voestalpine AG
                voestalpine-Straße 1
                4020 Linz
                Austria
   Phone:       +43 50304/15-9949
   Fax:         +43 50304/55-5581
   E-mail:      IR@voestalpine.com
   Internet:    www.voestalpine.com
   ISIN:        AT0000937503
   WKN:         897200
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 1609473


    
   End of Announcement EQS News Service


   1609473  19-Apr-2023 CET/CEST

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