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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 2020.

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 Corporate Bond 2017.

PORR AG successfully places a hybrid bond
Volume of EUR 125 million, indefinite maturity with an early redemption option after five years (hybrid bond), coupon 5.5% per annum, fixed rate until the First Call Date (6 February 2022)

To the terms and conditions of the notes

PORR Corporate Bond 2014.

New issue of a senior bond and a hybrid bond through exchange of existing bonds issued in the years 2009 and 2010.
Capital increase of hybrid bond 2014 by 7,945,500 Euros in the course of a private placement in March 2015.

To the bond information

Profit-participation rights 2007.

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 31st December 2020. From 1st January 2021 until 31st 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.