Vienna Insurance Group successfully launched a subordinated bond

Vienna Insurance Group has successfully launched a subordinated bond with a volume of EUR 500 million with institutional investors in Europe. The order book exceeded EUR 2.5 billion and therefore the offer was more than four times oversubscribed.
The subordinated bond has a maturity of 30 years and will have a first call date in year 10. The coupon pays 5.5 percent p.a. for the first 10 years and thereafter a floating interest rate. The subordinated bond is accountable under Solvency I and Solvency II. Settlement and trading of the subordinated bond on the Second Regulated Market of the Vienna Stock Exchange (ISIN AT0000A12GN0) is expected to take place on 9 October 2013.


 
Disclaimer
This information serves marketing purposes in Austria and does not constitute or form part of any prospectus or offer document or solicitation or invitation of any offer to exchange for or to buy any securities nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. This information is not a prospectus pursuant to the applicable capital market rules in Austria. Any investment decision must be made solely on the basis of the information contained in the prospectus as approved by the Austrian Financial Market Authority and duly published. A prospectus pursuant the Austrian Stock Exchange Act and the Austrian Capital Market Act has been approved by the Austrian Financial Market Authority and duly published and is available and can be obtained there free of cost at VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe, Schottenring 30, 1010 Vienna, during normal business hours, as well as on the Companies’ website (http://www.vig.com/de/investor-relations/anleihen.html). The information contained in this announcement is not binding. The prospectus is the only binding offering document in connection with the offering of the Company’s securities. The information contained herein is not binding.

This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities of VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe within the United States or to any US persons. The securities referred to herein may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada, Japan and in any other jurisdiction in which such offer or sale is unlawful. The offer and sale of the securities referred to herein has not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada or Japan. There will be no public offer of the securities in the United States.

This announcement is directed at and/or for distribution in the United Kingdom only to (i) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (ii) high net worth entities falling within article 49(2)(a) to (d) of the Order (all such persons are referred to herein as “relevant persons”). Any person who is not a relevant person should not act or rely on this announcement or any of its contents. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons.