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    Wienerberger AG  1379  0 Kommentare Exchange offer for 2007 hybrid bond - Seite 2



    Wienerberger hybrid bond 2014: attractive return in times of historically low interest rates The terms of the new hybrid bond are based on the 2007 security: it represents subordinated capital with a fixed interest rate, one-sided cancellation rights by Wienerberger and an unlimited term. Therefore, the 2014 hybrid bond will also be classified as equity under IFRS. Similar to the coupon on the old bond, the 2014 bond will have an interest rate of 6.5% up to February 9, 2017. For the next four years up to February 9, 2021, the coupon will equal 5.00%. At this date Wienerberger has a call option. If this option is not exercised, the interest rate will change to the five-year swap rate in effect on that date plus 595 basis points. Consequently, the new hybrid bond offers bondholders an attractive return on their investment in the current historically low interest rate environment.

    Application filed for trading in the Second Regulated Market of the Vienna Stock Exchange Wienerberger plans to register the hybrid bond for trading in the Second Regulated Market of the Vienna Stock Exchange (ISIN DE000A1ZN206). The 2007 hybrid bondholders who consider accepting the exchange offer can find detailed information on the exchange offer and terms in the exchange offer memorandum and the capital market prospectus. These documents are available from the participating banks, subject to specific offer and distribution restrictions. Details on the exchange offer - including the interest rates, all other interest periods and the relevant legal documents for the exchange offer - will be available on the Wienerberger homepage (www.wienerberger.com) after the approval of the capital market prospectus which is expected for September 3, 2014.

    Wienerberger Group Wienerberger is the world's largest producer of bricks (Porotherm, Terca) as well as number one on the clay roof tile market (Koramic, Tondach) in Europe and on the concrete paver market (Semmelrock) in Central-East Europe. In pipe systems (Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company is one of the market leaders in Europe. With 212 plants, Wienerberger generated revenues of Euro 2,663 million and operating EBITDA of Euro 267 million in 2013.

    DISCLAIMER: THIS PRESS RELEASE CONSTITUTES NEITHER AN OFFER TO EXCHANGE NOR A SOLICITATION TO EXCHANGE ANY SECURITIES OF WIENERBERGER AG. A PUBLIC EXCHANGE OFFER OF SECURITIES OF WIENERBERGER AG MAY ONLY BE MADE IN AUSTRIA, GERMANY AND SWITZERLAND ON THE BASIS OF THE PROSPECTUS APPROVED BY THE AUSTRIAN FINANCIAL MARKET AUTHORITY (FINANZMARKTAUFSICHT). THE APPOVAL OF THE PROSPECTUS BY THE AUSTRIAN FINANCIAL MARKET AUTHORITY IS EXPECTED FOR SEPTEMBER 3, 2014, PUBLISHED AND NOTIFIED TO GERMANY ON THE SAME DAY. AFTER THE APPROVAL THE PROSPECTUS WILL BE AVAILABLE FREE OF CHARGE DURING ORDINARY BUSINESS HOURS AT WIENERBERGER AG, WIENERBERGSTRASSE 11, 1100 WIEN AND CAN BE REVIEWED IN ELECTRONIC FORM ON THE WEBSITE OF THE ISSUER (WWW.WIENERBERGER.COM). ANY EXCHANGE OFFERS RECEIVED PRIOR TO THE COMMENCEMENT OF A PUBLIC OFFER WILL BE REJECTED.
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    Wienerberger AG Exchange offer for 2007 hybrid bond - Seite 2 Limited offer to exchange the hybrid bond issued in 2007 for a new hybrid bond (exchange ratio 1:1) - Exchange volume of up to Euro 300 million - Offer period: September 4, 2014 to September 26, 2014 (at 3 pm CET) - Coupon: 6.5% up to February 9, …

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