Zinsensammler GarantieAnleihe offers the chance to earn annual interest of 6.25 per cent1) plus capital security at the end of the term
The new Zinsensammler GarantieAnleihe 2011–2016 Serie 30 from UniCredit Bank Austria AG offers capital security at the end of the term2) and the chance to profit from the lateral or positive development of OMV’s stock without directly investing in the company’s shares, thus avoiding the risk of stock losses. OMV AG is one of the largest listed industrial companies in Austria. The GarantieAnleihe is suitable for investors who expect the company’s stock to develop positively or remain stable over the next five years.
Chance to earn annual interest of 6.25 per cent1)
The initial value of OMV’s stock will be determined on 4 November 2011, the issue date for the Zinsensammler GarantieAnleihe. In order to determine the amount of the interest payment at the end of the five-year term, OMV’s stock price will be observed once a year on a fixed value determination date. If the stock closes at or above its initial value from 4 November 2011 on this date, the date is recorded as positive. If the stock closes below this value, the date will not be taken into account when determining the later interest payment. This process will occur a total of five times up to the end of the term: for the first time on 2 November 2012 and for the last time on 2 November 2016. On the final value determination date, all of the determination dates that were recorded as positive will be added together. Finally, an interest payment in the amount of 6.25 per cent1) – in relation to the nominal value – will be made for each positive value determination date. Therefore, a maximum total interest payment of 31.25 per cent1) (5 x 6.25 per cent) is possible. The redemption at the end of the term occurs at 100 per cent of the nominal value plus an interest payment depending on the reference dates recorded as positive – a maximum of 131.25 per cent1) (5 x 6.25 per cent = 31.25 per cent).
Capital security at the end of the term2)
If OMV’s stock closes below its initial value on all of the value determination dates (i.e. if there are no positive reference dates during the entire term), no interest payment will be made and the bond will be redeemed at 100 per cent of the nominal value at the end of the term.
Enquiries: Bank Austria Press Office Austria
Matthias Raftl, Tel. +43 (0) 50505 - 52809
Details on the bond issue:
Zinsensammler GarantieAnleihe 2011–2016 Serie 30 from UniCredit Bank Austria AG
Sale: From 3 October 2011, continuous issue
Volume: Up to EUR 25 million
Issue price: 101 per cent (1 per cent premium)
Denomination: EUR 1,000
Term: 5 years (first value date: 9 November 2011, due 9 November 2016)
Underlying instrument: OMV AG’s stock, ISIN AT0000743059
Relevant stock exchange: Vienna Stock Exchange
Value determination dates Binitial is the official closing price of the underlying instrument on 4 November 2011.
(B = initial, 1–4, final): B1 is the official closing price of the underlying instrument on 2 November 2012.
B2 is the official closing price of the underlying instrument on 4 November 2013.
B3 is the official closing price of the underlying instrument on 4 November 2014.
B4 is the official closing price of the underlying instrument on 4 November 2015.
Bfinal is the official closing price of the underlying instrument on 2 November 2016.
Redemption: On 9 November 2016; at least 100 per cent of the nominal value (capital security) plus 6.25 per cent for each year in which the underlying instrument closes at or above Binitial on the annual value determination date.
Cancellation: Not possible
Listing: Expected to start on 30 November 2011, Vienna Stock Exchange, unregulated Third Market
1) Based on the nominal value of 100 per cent. Taxation: 25 per cent Austrian capital yields tax (Kapitalertragsteuer – KESt) will be deducted by the bank from the interest income (final taxation) of individual investors with unlimited tax liability and from the interest income of specific corporate investors with limited tax liability in Austria. For investments made from 1 April 2012: an additional 25 per cent Austrian capital yields tax will be deducted from realised capital gains. The interest income and capital gains of corporate investors with unlimited tax liability in Austria are subject to 25 per cent Austrian corporation tax (Körperschaftssteuer – KöSt). It should be noted that 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.
2) Through redemption at 100 per cent of the nominal value by UniCredit Bank Austria AG at the end of the term
The information in this publication is not an investment recommendation and is not intended as investment advice. In particular, it is not an offer or invitation to buy or sell the bond described herein. It is intended solely as introductory information and is not a substitute for advice provided on the basis of the investor’s individual circumstances and knowledge. Every capital investment involves a certain degree of risk.
Your relationship manager can provide you with additional information about Zinsensammler GarantieAnleihe 2011–2016 Serie 30 from UniCredit Bank Austria AG. This information is not a prospectus as defined by the Austrian Capital Market Act (Kapitalmarktgesetz).
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