In September 2016 NOVOMATIC AG issued a corporate bond with a volume of EUR 500mn (benchmark size). The term is 7 years with a coupon of 1.625% p.a..
The first benchmark bond of NOVOMATIC is also the first benchmark bond of an Austrian company in 2016. It is based on the approved EUR 2,000,000,000 debt issuance programme of NOVOMATIC AG, which by the international rating agency Standard & Poor's was provided with the investment grade rating BBB (stable outlook).
In February 2022, NOVOMATIC AG made a repurchase offer (repurchase for cash) to the holders of its bond 2016 - 2023 (EUR 500.0 million, ISIN AT0000A1LHT0). The Company accepted all valid offers of the bond for purchase. After settlement, bonds with a nominal amount of EUR 237.6 million remain outstanding.
The following bonds are listed on the second regulated market at the Vienna Stock Exchange:
NOVOMATIC bond 2016 - 2023
|Nominal at Emission:||EUR 500,000,000.00|
|Current Emission:||EUR 237.625.000,00|
|Program:||Series 1 of the EUR 2,000,000,000 issuance program|
|Date of issue:||20th September 2016|
|Retention period:||7 years|
|Coupon:||1.625% per annum, payable annually|
|Date of the annual coupon payment:||20th September|
|Redemption:||20th September 2023, to 100%|
|Rating:||S&P, BB outlook positive|
|Exchange:||Vienna Stock Exchange Regulated Market, Corporates Prime|
|Lead Manager:||Erste Group Bank AG, Raiffeisen Bank International AG, UniCredit Bank Austria AG|
|Paying Agent:||Erste Group Bank AG|
|Current price of the bond:||Vienna Stock Exchange|