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SBAGY Strabag SE BR (PK)

32.3942
0.00 (0.00%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Strabag SE BR (PK) USOTC:SBAGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 32.3942 0.0001 9.07 0.00 21:02:01

Strabag Places Loan Of Promissory Notes Worth EUR140 Million

20/03/2012 11:02am

Dow Jones News


Strabag SE BR (PK) (USOTC:SBAGY)
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Austrian construction company Strabag SE (STR.VI) Tuesday said it placed a loan involving promissory notes of EUR140 million.

MAIN FACTS:

-Strabag said the volume was raised from originally EUR100 million to EUR140 million due to demand.

-The loan is divided among two fixed-interest and two variable tranches with terms to maturity of 5 and 7 years.

-Commerzbank AG (CBK.XE) Aktiengesellschaft and Landesbank Baden-Wuerttemberg acted as bookrunners, and Strabag placed the loan with European and Asian financial institutions as well as institutional investors from Germany.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 
 

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