Investor information 2021
17.08.2021 - Erste Group Bank AG decides optional redemption of a series of Additional Tier 1 Notes
Erste Group Bank AG announces that its management board decided today to exercise the option to redeem in whole the following Additional Tier 1 notes
EUR 500,000,000 Undated Fixed to Fixed Resettable Notes (ISIN XS1425367494) (the "Notes").
Name |
ISIN |
Call Redemption Date |
Call Redemption Amount |
EUR 500,000,000 Undated Fixed to Fixed Resettable Notes |
XS1425367494 |
15 October 2021 |
100 per cent together with distributions accrued and unpaid to the Call Redemption Date (excluding) |
Erste Group Bank AG will thus redeem the Notes on the Call Redemption Date 15 October 2021 at the Call Redemption Amount – original principal amount together with accrued and unpaid distributions (whether or not declared) for the then ending distribution 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 in writing.