Bonds

STRABAG SE has to date issued nine corporate bonds, of which four are still listed. The most recent STRABAG bond – a seven-year bond with a coupon of 4.75% which matures in 2018 – represents a continuation of the company’s long-time strategy on securities issues. The proceeds from the issue were used to pay back a 75-million-euro bond issued in 2006 as well as for general operational objectives. The issue further contributed to the continued improvement of the company’s financing structure.

For download on the right side you will find the the approved prospectus.

Term

Interests
Volume
ISIN Number
2007-2012
5.75%
75 Mio. Euro
AT0000A05HY9
2008-2013
5.75%
75 Mio. Euro
AT0000A09H96
2010-2015
4.25%
100 Mio. Euro
AT0000A0DRJ9
2011-2018
4.75%
175 Mio. Euro
AT0000A0PHV9

In November 2007 the international ratings agency S&P raised the corporate credit rating of STRABAG SE to BBB- from BB+. Therewith STRABAG SE`s rating advanced to "investment grade". See downloads to get a look at the full report.

In May 2010 S&P raised the rating for two existing bonds from BB+ to BBB-. "We no longer consider that under a default scenario debt at STRABAG SE would be significantly structurally subordinated to priority liabilities at the operating level", said S&P. Please find the full report in the download section.

In its analysis from December 2011, S&P once again confirmed the rating "BBB-, outlook stable" for STRABAG SE. The ratings agency justifies its stance among others with STRABAG's leading market position in road construction in Central Europe and some parts of Eastern Europe, the strategic access to raw materials, the solid capital structure and the sustainable cost management, which results in stable margins. For further information please refer to the download section on the right.
Published on website: 05.10.2007 - Last update: 21.12.2011 9:21:22