Investor information 2018
10.01.2018 - Erste Group Bank AG decides optional redemption of a series of subordinated notes
Erste Group announces that the management board of Erste Group Bank AG decided today to exercisethe option to redeem in whole the following subordinated notes
USD 500,000,000 6.375% Fixed Rate Callable Subordinated Notes due 2023 (ISIN XS0836299320)(the "Notes").
Erste Group Bank AG will thus redeem the Notes on the Optional Redemption Date 28 March 2018 at the Optional Redemption Amount – nominal amount plus accrued and unpaid interest (whether or notdeclared) for the then ending interest period – in accordance with the applicable terms and conditions of the Notes as well as applicable laws (the "Optional Redemption").
The European Central Bank has approved the Optional Redemption.