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.

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.

To the terms and conditions of the notes

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%.

To the terms and conditions of the notes

PORR starts into 2020 with successful EUR 150 million hybrid issue.

In total, a nominal amount of around EUR 25.7 million was repurchased from the hybrid bond issued in 2017. At the same time, a new hybrid bond in the amount of EUR 150 million was placed with national and international institutional investors. The interest rate is fixed at 5.375 % lower than last issue due to high demand.

To the terms and conditions of the notes

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.

To the terms and conditions of the notes

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).

To the terms and conditions of the notes (german version)