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07.12.2011

New 3.875 % Fixzins-Obligation 2011-2016 Serie 35 bond of Bank Austria offers SMEs an attractive fixed interest rate with security for capital

This bank bond with a 4.5-year term offers an attractive fixed interest rate for the period from 7 December 2011 to 6 June 2016. It is suitable for taking advantage of the investment-related tax allowance for business profits. The interest rate of 3.875 per cent p.a. is fixed for the entire term and the interest is payable annually, for the first time on 7 December 2012, with a final short coupon covering the period from 7 December 2015 to 6 June 2016 inclusive. The Fixzins-Obligation 2011-2016 Serie 35 bond is denominated in units of 1,000 euros. The minimum investment is 3,000 euros.

This Fixzins-Obligation bond is tailored to meet the investment needs of small and medium-sized businesses (SMEs), enabling investors to accurately calculate income based on an interest rate which is fixed for the entire term. Moreover, by buying this bank bond, investors can take advantage of the investment-related tax allowance for business profits (13 per cent of taxable profit considering the basic tax-free allowance of EUR 30.000) and can use it for covering accruals for pensions.

Security for capital and interest
Interest on the Fixzins-Obligation bond issue is paid annually on specified dates. Pursuant to the terms and conditions, the bond is repaid at 100 per cent of the nominal value at the end of the term. Bank Austria is liable with its entire assets for the payment of interest and capital.

Investors who need their capital before maturity can sell the Fixzins-Obligation bond at the prevailing market price. It should be noted that the price of the Fixzins-Obligation bond varies during the term. If the investment is not held to maturity, there is a risk that investors may not get back the full amount invested.

Enquiries: Bank Austria Media Relations Austria
 Matthias Raftl, tel. +43 (0) 50505 52809
  e-mail: matthias.raftl@unicreditgroup.at


Details of the issue:

3.875 % Fixzins-Obligation 2011-2016 Serie 35 bond of UniCredit Bank Austria AG

ISIN:  AT000B042387
Offered:  from 7 December 2011, continuous issue
Volume:  up to EUR 150 million
Denomination:  EUR 1,000 (minimum investment: EUR 3,000)
Term:  4.5 years
Coupon:   Fixed interest rate of 3.875 % p.a. 1)
Interest payments:  Payable annually from 7 December 2011 until 7 June 2016 inclusive; first payment is due on 7 December 2012; final short coupon from 7 December 2015 until 6 June 2016 inclusive; payable on 7 June 2016
Redemption:  on 7 June 2016 at 100 %
Callable:  No
Listing:  It is envisaged that the bond will be listed on the Third Market of the Vienna Stock Exchange
Section 14 capability:  Meets the requirements pursuant to Section 14 (7) 4 of the Austrian Income Tax Act (Einkommensteuergesetz – EStG) (suitable for                        pension provisions and for using the investment-related tax allowance for business profits pursuant to the 2009 tax reform)
Type of issue:   This security is a continuous issue and is exempted from the prospectus requirement pursuant to Section 3 (1) 3 of the Austrian Capital Markets Act (Kapitalmarktgesetz – KMG).


1) Based on the nominal value of 100 %. 25 % capital yields tax (Kapitalertragsteuer – KESt) will be deducted from interest income (final taxation) of natural persons with unlimited tax liability in Austria, and 25 % corporation tax (Körperschaftsteuer – KÖSt) will be deducted from interest income of corporate investors with unlimited tax liability in Austria. Please note that the tax treatment depends on an investor’s personal circumstances and that information is provided on the basis of the current legal situation, which may be subject to change.


Disclaimer:
This information does not constitute investment advice or a recommendation. Nor does it in particular constitute an offer or solicitation to buy or sell this bond. It is provided only as initial information and cannot replace advice tailored to the investor’s knowledge and specific circumstances. Every investment of capital involves a degree of risk.
Your relationship manager will be pleased to provide you with further details of the 3.875 % Fixzins-Obligation 2011-2016 Serie 35 bond. This information does not constitute a prospectus within the meaning of the Austrian Capital Markets Act (Kapitalmarktgesetz – KMG).

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