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.

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 Green Finance Framework

Second Party Opinion - PORR Green Finance Framework

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).

PORR AG: Notice of early redemption  - EUR 25,000,000 PORR Hybrid Bond 2014/2 (ISIN: AT0000A19Y36)

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

In order to boost the financing structure still further, in December 2007, ABAP Beteiligungs Holding GmbH (after a change of issuer in 2019 today PORR AG) issued profit-participation rights for an unspecified length. Currently the total nominal value lies by EUR 40m and the interest amounted to 6,66% per annum until 31^st December 2020. From 1^st January 2021 until 31^st December 2025 the interest will be 6.0% p.a..This is known as so-called hybrid capital, which is classified in the IFRS consolidated accounts as equity. This step resulted in the further diversification of financing sources.