Telekom Austria : A1 Telekom Austria Group announces redemption of Hybrid bond 2013

Vienna, 03 January 2018, 07:01 pm

The A1 Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces that the Management Board of Telekom Austria AG adopted a resolution today to call and redeem the EUR 600 mn hybrid bond issued by Telekom Austria AG in 2013 (ISIN XS0877720986) (the 'Hybrid Bonds').

Accordingly, and in accordance with § 5 (3) of the terms and conditions of the Hybrid Bonds, Telekom Austria AG will call and redeem the Hybrid Bonds at their nominal value plus all interest on February 1, 2018, the First Call Date.

Formal notice of termination in accordance with the terms and conditions of the Hybrid Bonds will be given separately and redemption payments will be effected through the paying agent.

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