- 04.11.2010, 11:09:06
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- OTS0116 OTW0116
EANS-Adhoc: SW Umwelttechnik Stoiser & Wolschner AG / SW Umwelttechnik extends subscription period for the SW bond by request of investors
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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.
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04.11.2010
* 10 m bond volume
* Issuing proceeds support the further expansion into the growth market Romania
* Tenure of eight years, fixed interest rate of 4.625 % plus a bonus of up to
7.497 %
The listed family company SW Umwelttechnik is issuing a bond with a total volume
of EUR 10 m divided into EUR 50,000 shares. By request of numerous investors the
subscription period will be extended to 15 November 2010.
The Alizee Bank AG was chosen as lead manager and will mainly be approaching
institutional investors. The bond has a fixed interest rate of 4.625 % and a
variable coupon that can increase to 7.497 % depending on the profit or loss on
ordinary activities. The tenure is fixed for eight years.
The bond is exempted from any prospectus obligations according to § 17b, passage
KMP as well as according to § 3, passage 1 Z 9 KMG. A greenshoe option or rather
stock-up of the bond is possible. There will be no public offering of the bond.
The proceeds of the bond will provide a wider basis for the company´s financing
options and is meant to support the expansion into the growth market Romania.
The investors can profit from the development of infrastructure in Eastern
Europe by taking a share in the SW Umwelttechnik bond and can ensure sustainable
success of the company.
The offering
Issuer:
SW Umwelttechnik
Issuing volume:
EUR 10,000,000.-
Share division:
EUR 50,000.-
Fixed interest rate:
Coupon 4.625 % at every coupon call date, each one on October 31st
Variable component:
The variable interest rate is aligned with the profit or loss on ordinary
activities of
SW Umwelttechnik Stoiser & Wolschner AG and amounts to 0.03 % of the profit or
loss on ordinary activities per share at every coupon call date, each one on
October 31st. The calculation of the variable interest rate takes place each
year. The SW Umwelttechnik Stoiser & Wolschner AG annual report audited by
certified auditing companies will serve as a basis. The variable coupon is
expected to increase to 7.497 % by 2018.
Tenure:
01 November 2010 until, including, 31 October 2018 (eight years, final maturity)
Issuing price:
100 %
Amortisation:
At tenure end at a 100 %
Subscription period:
25 October - 15 November 2010
Value date
01 November 2010
Appointed lead manager
Alizee Bank AG
ISIN
AT0000A0K1N3
end of ad-hoc-announcement
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SW Umwelttechnik, a family firm founded in 1910 and listed on the Viennese stock
exchange since 1997, stands for sustainable management and consistent growth in
Eastern and South-eastern Europe. With our innovative technology to protect the
environment we provide an important contribution for the development of
necessary infrastructure in Central and South-eastern Europe.
Further inquiry note:
DI Dr. Bernd Wolschner Member of the Management Board Tel.: +43 / (0) 463 / 32109 - 202 Mobil: +43 / (0) 664 / 34 13 953 Mag. Michaela Werbitsch Investor Relations Tel.: +43 / (0) 463 / 32109 - 204 Mobil: +43 / (0) 664 / 811 7662 E-Mail: [email protected] Web: www.sw-umwelttechnik.com
end of announcement euro adhoc
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issuer: SW Umwelttechnik Stoiser & Wolschner AG
Bahnstraße 87-93
A-9020 Klagenfurt
phone: 0043-463-321090
FAX: 0043-463-37667
mail: [email protected]
WWW: http://www.sw-umwelttechnik.com
sector: Technology
ISIN: AT0000808209
indexes: WBIstockmarkets: free trade: Berlin, Frankfurt, Regulated free trade: Wien
language: English
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