BayWa AG is planning the issuance of a subordinated bond with an unlimited maturity and an early repayment option for the issuer after five years. The aggregate principal amount of the hybrid bond is expected to be in the lower triple-digit million range. The net proceeds from the issuance will be used, inter alia, to refinance existing indebtedness of the company.

The final volume will be determined following an investor roadshow. Bookbuilding is expected to take place at the beginning of October. The hybrid bond will be listed on the regulated market of the Luxembourg Stock Exchange.

A final decision on the issuance of the hybrid bond will depend on the outcome of the bookbuilding and market conditions.

BayWa AG
Management Board

Contact:

Marion Danneboom,
Head of PR/Corporate Communications,
BayWa Aktiengesellschaft,
Arabellastraße 4,
81925 Munich
Tel. +49(0)89/92 22-36 80, fax +49(0)89/92 22-36 98,
Email: marion.danneboom@baywa.de

BayWa Aktiengesellschaft, Arabellastraße 4, 81925 Munich, www.baywa.de
WKN 519406 // ISIN DE0005194062; WKN 519400 // ISIN DE0005194005

BayWa AG published this content on 20 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 September 2017 08:29:10 UTC.

Original documenthttps://www.baywa.com/en/press/press_releases/group/news/article/baywa-ag-plans-issuance-of-hybrid-bond/

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