Bonds

STRABAG SE has to date issued seven corporate bonds, of which four are still listed. The most recent STRABAG bond – a five-year bond with a coupon of 5.75% which matures in 2013 – represents a continuation of the company’s long-time strategy on securities issues. The proceeds from the issue were used to pay back a 50-million-euro bond issued in 2003 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
2005-2010	4,25%	75 Mio. Euro	AT0000492723
2006-2011	5,25%	75 Mio. Euro	AT0000A013U3
2007-2012	5,75%	75 Mio. Euro	AT0000A05HY9
2008-2013	5,75%	75 Mio. Euro	AT0000A09H96

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 December 2009 S&P once again confirmed the rating "BBB-, outlook stable" for STRABAG SE. The ratings agency justifies its stance among others with STRABAG's strategic access to raw materials, the sizable order backlog and the solid capital structure, while the construction sector is cyclical, competitive, and low margin. For further information please refer to the download section on the right.

Published on website: 05.10.2007 - Last update: 16.12.09 16:52:27