On April 28, 2023 voestalpine AG issued senior unsecured convertible bonds in the amount of EUR 250 million with a term of five years in order to further optimize its financing structure. The convertible bonds, denominated in EUR 100,000 and with a maturity of five years, was issued at 100% of their nominal value and could initially be converted into approximately 6.1 million new and/or existing no-par bearer shares of voestalpine AG. The offering is being made by way of an accelerated bookbuilding and is exclusively targeted at institutional investors in defined countries.
