CHSH has advised AT & S Austria Technologie & Systemtechnik Aktiengesellschaft in connection with the successful issue of a hybrid bond with a total volume of EUR 175 million.
According to CHSH, "due to the great interest, the coupon of the bond with an indefinite term (and a first redemption option after five years) was determined at 4.75%. The issue, which was exclusively directed at institutional investors was primarily placed internationally. After admission to trading, the hybrid bond is traded on the Semi-official Market of the Vienna Stock Exchange."
The CHSH team consisted of Partners Clemens Hasenauer, Volker Glas and Johannes Prinz, Senior Attorneys Christian Aichinger and Lorenz Pracht, and Associate Michael Soukup.