PORR bonds
Bonds are instruments for long-term financing on the capital market. PORR has completed many successful bond issues over the years. Here you can find an overview of the PORR Group's bonds.
PORR Corporate Bond 2024
In order to refinance its hybrid bonds 2020 and 2021, which are repayable for the first time in February 2025 and November 2026 respectively, the PORR AG successfully completed the issue of a subordinated bond (hybrid bond), including the partial repurchase of the existing hybrid bonds mentioned above.
In total, a nominal amount of around EUR 135 million was repurchased from the hybrid bonds of 2020 and 2021. At the same time, a new hybrid bond in the amount of EUR 135 million was placed with national and international institutional investors.
PORR Corporate Bond 2021
PORR has successfully completed the issue of a hybrid bond with a volume of EUR 50m.
A nominal amount of around EUR 48.2m was repurchased from the hybrid bond issued in 2017. The new hybrid bond was placed with national and international institutional investors; the interest rate was set at 7.5%.
PORR Corporate Bond 2020
PORR AG has exercised its right to call and redeem the Subordinated Notes PORR Hybrid Bonds 2020 (ISIN: XS2113662063) on the First Redemption Date, February 6, 2025, for the full amount of EUR 46.45m.
PORR Corporate Bond 2017
PORR AG has exercised its right to call and redeem the Subordinated Notes PORR Hybrid Bonds 2017 (ISIN: XS1555774014) on the First Redemption Date, February 6, 2022, for the full amount of EUR 51.075m.
PORR Corporate Bond 2014
PORR AG has exercised its right to call and redeem the bonds on the first Repayment Date, October 28, 2021, for the full amount of EUR 25 million PORR Hybrid Bonds 2014/2 (ISIN: AT0000A19Y36).