PORR ”Schuldscheindarlehen” successfully placed and significantly oversubscribed

Vienna, 12 August 2015 – PORR has diversified its financing portfolio and successfully placed its first ”Schuldscheindarlehen” totalling EUR 185.5m. The issue consists of four tranches with maturity terms of three and five years – and a choice of interest at fixed or variable rates. The ”Schuldscheindarlehen” was not only successful in Europe; the majority was placed in Asia. Despite the current market volatility, investor interest in the PORR ”Schuldscheindarlehen” was very high and eventually led to a significant increase in volume from the original EUR 100m to EUR 185.5m. This allowed all four of the note’s tranches to be fixed at the lower end of the interest-rate range.

“With this ”Schuldscheindarlehen” we have complemented our financing with another attractive instrument and achieved a greater international spread among our financing partners. The positive reception by investors is a testament to our strategy of intelligent growth. The greater financial flexibility which we have secured at exceptionally attractive interest terms will facilitate the further optimisation of the financing structure and can support efficient corporate growth”, said Christian B. Maier, PORR CFO, on the successful placement of the company’s first ”Schuldscheindarlehen.

The issue was handled by HSBC Trinkaus & Burkhardt AG (“HSBC”) as the Sole Arranger.