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This announcement may not be published, distributed or transmitted,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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