Key Data of new 3.125 % sustainability-linked UBM Bond 2021-2026 and of the exchange offer for UBM Bond 2017-2022
Overview of the offering
(for details please read the prospectus incl. any supplements and supplementary notices, if any)
Cash subscription offering
| Offering period | 11 May 2021 to 17 May 2021 (subject to early closing) |
| Re-offer price* | 100.00% |
*Retail investors may subscribe the notes at the re-offer price plus a selling fee of up to 1.5%-points charged by the respective financial intermediary placing the Notes; usual discounts can be granted.
Exchange offer for UBM Bond 2017-2022
| Exchange offer period | 27 April 2021 to 07 May 2021 |
| Cash settlement amount | EUR 18.01 per exchanged bond** |
| Exchange ratio | 1:1 (plus Cash Settlement Amount) |
| Payment Date | 21 May 2021 |
**The total Cash Settlement Amount for investors is EUR 18.01 per EUR 500.00 par value bond; this includes accrued interest of EUR 9.88 per bond.
Basic data for UBM Bond 2021-2026
| Issuer | UBM Development AG |
| ISIN | AT0000A2QS11 |
| Volume | up to EUR 75,000,000 (potential increase to up to EUR 150,000,000) |
| Denomination | € 500,00 |
| Coupon rate | 3.125% p.a., payable annually in arrears, on 21 May |
| Value date | 21 May 2021 |
| Term | 5 years, bullet repayment |
| Redemption price | At maturity at 100% of par value, subject to increase in case of sustainability-linked adjustment event |
| Sustainability Link | For every year that the issuer’s ESG ratings by both, ISS ESG and EcoVadis, are below certain thresholds, 0.10% premium on the redemption amount at maturity |
| Maturity | 21 May 2026 |
| Listing | Official Market of the Vienna Stock Exchange – Corporates Prime |
| Key Information Document (KID) | https://api.priiphub.com/hub/priip/document?documentType=pdf&identifier=AT0000A2QS11&country=AT&language=EN&response=document |
| Sole Global Coordinator & Paying Agent | Raiffeisen Bank International AG |
| Joint Bookrunner & Sustainability Structuring Agent | Raiffeisen Bank International AG, M.M.Warburg & CO |