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The information provided on this website neither constitutes an offer nor an invitation to buy securities issued by BAWAG P.S.K. and serves exclusively information purposes only.

The distribution of information contained on this website in certain jurisdictions may be restricted by law. None of the documents shown on this website constitutes an offer to sell or a solicitation to purchase securities in the United States or in any other country in which the information shown on the following website has not been authorized or to persons to whom this information must not be forwarded. All users of this website are requested to inform themselves about such restrictions and to comply with them.

In particular, the documents and information contained on this website may not be forwarded to the United States nor distributed within the United States and may not be distributed or disclosed to “US persons” (as defined in Regulation S of the US Securities Act of 1933 as amended (“Securities Act”)) or to general circulation publications in the United States.

Securities issued under the documents hereby provided will not be registered under the Securities Act and thus may subject to prior registration or certain exceptions not be sold, offered or delivered to US persons.

In July 2018 we have concluded the cash tender offer for the € 300 million 8.125% Subordinated Tier 2 Bullet Notes due October 2023 (ISIN XS0987169637), which were issued out of BAWAG P.S.K..

The tender offer was exceptionally successful with a total take-up of approx. 90%, resulting in a total nominal amount tendered of € 268 million, at a purchase price of 134.08% (offer spread of MS+110bps).

The tender offer was announced on 28 June 2018 and expired on 6 July 2018. It was priced on 9 July 2018 with settlement taking place on 10 July 2018.

The tender offer was part of BAWAG Group’s total capital optimization measures.

In March 2019, BAWAG Group AG issued Subordinated Tier 2 Notes with a € 400 million principal amount. The securities (ISIN XS1968814332) are listed on the Luxembourg Stock Exchange.

In September 2020, BAWAG Group AG issued Subordinated Tier 2 Notes with a € 200 million principal amount. The securities (ISIN XS2230264603) are listed on the Luxembourg Stock Exchange.