Investor information 2016
08.08.2016 Erste Group Bank AG decides to consent to optional redemption of hybrid capital issues
Download - Ad hoc Release 08.08.2016
Erste Group Bank AG announces that it has decided to grant consent that each of the following issuers exercises its option to redeem in whole the following instruments, to the extent outstanding or remaining on issue, on the (optional) redemption dates at the optional redemption prices / amounts listed below, in each case plus accrued and unpaid dividends / interest (whether or not declared) for the then ending dividend / interest periods, in accordance with the relevant statements of rights / terms and conditions of the instruments as well as applicable laws (the "Optional Redemptions").
Name |
ISIN |
Issuer |
(Optional) Redemption Date |
Optional Redemption Price / Amount |
EUR 200,000,000 Series J Fixed Rate Perpetual Reset Non-cumulative Non-voting Preference Shares |
XS0215338152 |
Erste Finance (Jersey) (6) Limited |
23 September 2016 |
EUR 1,000 per Preference Share |
EUR 275,000,000 Series H Floating Rate Perpetual Reset Non-cumulative Non-voting Preference Shares |
XS0188305741 |
Erste Finance (Jersey) (4) Limited |
24 September 2016 |
EUR 1,000 per Preference Share |
Non-cumulative Fixed/Floating Rate Perpetual Subordinated Notes /Series 1 |
XS0268694808 |
Erste Capital Finance (Jersey) Tier 1 PC |
28 September 2016 |
Nominal amount of each Note |
The European Central Bank has approved the Optional Redemptions. The issuers of the instruments have already decided to effect the Optional Redemptions.