EANS-Adhoc: Investkredit Bank AG
ÖSTERREICHISCHE VOLKSBANKEN-AG AND
INVESTKREDIT ANNOUNCE RESULTS OF INVITATION FOR OFFERS TO SELL NOTES
29.06.2012 – 13:32
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 29.06.2012 NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO ANY PERSON RESIDENT AND/OR LOCATED IN THE UNITED STATES OR TO ANY U.S. PERSON On 14 June 2012, Österreichische Volksbanken-Aktiengesellschaft ("ÖVAG") and Investkredit Funding Ltd ("Investkredit") announced that ÖVAG was inviting holders of the EUR50,000,000 subordinated non-cumulative Limited Recourse Notes (ISIN: DE0009576108 and WKN: 957 610) issued by Investkredit on 28 November 2002 (the "Notes") to offer to sell any and all of their Notes to ÖVAG for cash (the "Invitation"). The terms and conditions of the Invitation are set out in the Invitation Memorandum dated 14 June 2012 (the "Invitation Memorandum"). Capitalised terms used in this announcement have the meanings ascribed to them in the Invitation Memorandum. Invitation The Invitation expired at 5 p.m., CET, on 28 June 2012. ÖVAG intends to accept for purchase all Notes validly offered for sale. Accordingly, ÖVAG accepts for purchase EUR24,931,000 in aggregate nominal amount of the Notes. Noteholders whose offers to sell have been accepted by ÖVAG will receive EUR400 per EUR1,000 nominal amount of the Notes and the Accrued Interest Payment, in immediately available funds in cash on the Settlement Date. Following the completion of the Invitation, the aggregate nominal amount of the Notes that will remain outstanding will be EUR25,069,000. The Settlement Date is expected to be 4 July 2012. The five biggest listed issues of Investkredit Bank AG in terms of issue volume: ISIN: AT0000A0SNL2 AT0000A0SNJ6 AT0000A0SNG2 AT0000A0SNF4 AT0000A0SNH0 The issues of Investkredit Bank AG are admitted on the following stock exchanges: Second Regulated market of Wiener Börse AG Official trading of Wiener Börse AG Regulated market of the Luxembourg Stock Exchange Open Market of Frankfurt Stock Exchange Further inquiry note: Investkredit Bank AG Mag. Julius Wallner Tel.: +43 0 50 4004 - 4211 mailto:julius.wallner@investkredit.at end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Investkredit Bank AG Kolingasse 14 - 16 A-1090 Wien phone: +43 1 504004 - 4207 FAX: +43 1 504004 84207 mail: invest@investkredit.at WWW: www.investkredit.at sector: Banking ISIN: - indexes: stockmarkets: stock market: Wien language: English