EANS-Adhoc: KA Finanz AG ends voluntary overcollateralization of certain covered bonds and aims to terminate the covered bond rating by S&P

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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) 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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Company Information
08.03.2021

Vienna - With reference to the ad-hoc announcements dated 12 November 2015, 4
March 2016 and 6 September 2017, KA Finanz AG (KF) announces that from as of
today it will no longer voluntarily over-collateralize its covered bond with
ISIN XS0236776877 by 28% of its respective nominal amount. Further, KF aims to
terminate the rating of this covered bond by Standard & Poor's. As of 6
September 2017, KF is operating as a fully solvent "wind-down entity"
(Abbaugesellschaft) pursuant to section 162 of the Austrian Bank Recovery and
Resolution Act(Bundesgesetz über die Sanierung und Abwicklung von Banken,
BaSAG). As such KF is consolidating its business operations to streamline its
organizational structure and internal process taking into account that KF may no
longer actively operate on the market. The implementation of the above mentioned
measures is part of this overall process.

ISIN(s):
XS0236776877

Stock exchange:
Luxembourg

Further inquiry note:
Contact for enquiries:
KA Finanz AG
A-1020 Vienna, Taborstraße 1-3
Dr. Helmut Urban, Chairman of the Management Board
Tel.: +43(0)1/310 06 06-600
Email: info@kafinanz.at

Issuer:
KA Finanz AG
Taborstraße 1-3
A-1020 Vienna
Tel.: +43/1/310 06 06
Email: info@kafinanz.at
WWW: www.kafinanz.at
Industry: Banks
ISIN: XS0236776877
Indices:
Stock exchanges: Luxembourg Stock Exchange
Language: English

end of announcement euro adhoc
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issuer: KA Finanz AG
Taborstraße 1-3
A-1020 Wien
phone: +43/1/310 06 06
FAX: +43/1/310 06 06 - 404
mail: info@kafinanz.at
WWW: www.kafinanz.at
ISIN: -
indexes:
stockmarkets: Wien, Luxembourg Stock Exchange
language: English

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | EAE

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