Extremely high demand for Novomatic bond

  • Subscription period for EUR 250 million bond closed prematurely – Austrian private investors dominate

After an absence of just over two years from the capital market, Novomatic AG – a top Austrian company and global player in the international gaming industry – has placed its latest corporate bond on the market with a volume of EUR 250 million before the subscription period expired. Demand was driven in particular by private investors, who alone made up 70 percent of the orders. Banks accounted for 14 percent of the orders while 16 percent was picked up by institutional investors such as funds and insurance companies. Geographically speaking the issue was dominated by huge demand from Austria: 69 percent of the investors are in Austria, an impressive 17 percent of the orders came from Switzerland, 2 percent from France, while Germany, the United Kingdom and other countries made up 4 percent each. The price of the six-year bond was set at 101.421 percent of the issue price, and the coupon came to 4 percent.

Willibald Cernko, Bank Austria CEO: "I am delighted that this year, as joint-lead manager, we were able to support our long-standing client of Novomatic AG for the fourth time in issuing a corporate bond, and make our contribution to successfully placing it on the market. It is clear that Austrian private investors once again found this bond to be an attractive investment opportunity. The placement of the Novomatic bond represents a good start for 2013 and links in nicely to the successful bond year of 2012. In my view, financing on the capital market is increasingly gaining in importance for companies like Novomatic that are constantly growing and seeking out new challenges. We expect to see issue volumes remain steady and high in the coming years at EUR 5 to 7 billion."

Enquiries: Bank Austria Press Office Austria
 Matthias Raftl, Tel. +43 (0) 50505 - 52809
 E-Mail: matthias.raftl@unicreditgroup.at

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