PORR AG: PORR considers the issue of a hybrid bond
(World News Austria)

Vienna (23.01.2020) THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN PORR AG is considering the issue of a deeply subordinated bond with an indefinite term (new hybrid bond). The final volume of the issue has not yet been determined. An issue volume in the (higher) double-digit million range is targeted for (sub-benchmark size). The issue, which will be directed exclusively to institutional investors, is expected to be completed in the near future, subject to the development of the markets in the...