on Raiffeisen International Bank-Holding AG (isin : AT0000606306)
Raiffeisen Bank International AG Announces Tender Offer for EUR 500 Million Subordinated Notes
Raiffeisen Bank International AG (RBI) plans to repurchase EUR 500,000,000 of its Subordinated Callable Fixed-to-Fixed Rate Reset Notes due March 2030 (ISIN: XS2049823763). The company has extended an invitation to noteholders to tender their notes at a purchase price of 98.95% in a cash tender offer. The offer starts on 25 September 2024 and will expire on 2 October 2024, with the settlement date expected on or around 4 October 2024.
The tender offer is governed by a memorandum dated 25 September 2024. Noteholders interested in participating must submit instructions to Kroll Issuer Services Limited, the designated tender agent. RBI reserves the right to reject any notes tendered.
Additionally, RBI aims to issue a new series of euro-denominated subordinated notes under its Debt Issuance Programme, subject to market conditions.
R. H.
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