UniCredit Bank Austria issues The Nachhaltigkeits-GarantieAnleihe 2016–2023 Serie 117

  • Capital security thanks to repayment of at least 100 percent of the nominal value at the end of the term
  • The capital is invested for a total of 7 years, and the bond can be sold under normal market conditions at its current price

VIENNA, 20-Jul-2016 — /EuropaWire/ — Due to the great success of the Nachhaltigkeits-GarantieAnleihe 2016–2023 Serie 116, UniCredit Bank Austria decided to issue “Serie 117” as a similar product for succession. The Nachhaltigkeits-GarantieAnleihe 2016–2023 Serie 117 of UniCredit Bank Austria consists of a basket of a total of ten shares from sustainable managed companies. The choice of titles is based on a selection process performed by the independent asset management firm Ökoworld. As part of the issuance of the bond, the investment targets of the companies are audited in compliance with ethical, social, ecological and sustainable criteria. Ökoworld’s selection process is conducted by an independent investment committee, which includes representatives from environmental, human rights and consumer protection organisations as well as experts in ecological matters and socially responsible business development. Based on the selection criteria, shares of Baloise Holding, British Land, Geberit, Home Depot, Marks & Spencer, National Grid, Philips, Red Electrica, SAP and Terna are included in the basket of shares of the new Nachhaltigkeits-GarantieAnleihe of Bank Austria.

Christian Noisternig, Bank Austria Head of the department Private Costumers, emphasises: “With our new Nachhaltigkeits-GarantieAnleihe we offer investors the chance to benefit from opportunities on the equity market in these times of low interest rates by banking on companies which make efforts to meet certified ethical, social, ecological and sustainable criteria. The capital security limits the term-end risk within the meaning of a security-oriented investment.”

The new GarantieAnleihe offers interesting investment opportunities in the medium-term maturity segment. When calculating performance, an average of the shares reading on 13 calculation days during the first and the last year of the term is developed. By developing this average, the risk of severe price fluctuations at the beginning and at the end of the term is significantly reduced. The developed averages will be compared to each other at the end of the term and investors will participate in any positive performance of the share basket up to a maximum earning of 40 percent (with regard to the nominal value of 100 percent and before deduction of 27,5 percent KESt) per bond.

In the event the performance of the basket of shares is negative, the bond has a capital security guarantee of 100 percent at the end of the term. This means that the bond will be paid back at least at the nominal amount of EUR 1000 per bond. The capital is invested for a total of 7 years, and the bond can be sold under normal market conditions at its current price.

 

Details on the issue:

Nachhaltigkeits-GarantieAnleihe 2016–2023 Serie 117 of UniCredit Bank Austria AG

ISIN: AT000B044052

Issuer: UniCredit Bank Austria AG

Underlying instrument: Basket of shares including ten titles from sustainable managed companies

Start of offer: 18 July 2016

Redemption: 6 September 2023

Issue Price: 100% + 3% front-end load

Denomination: EUR 1000

Observation dates: 13 during the first year, 13 during the last year

Listing: Third Market of Vienna Stock Exchange

Fees and charges: Custodial fee: 0.235% p.a. + 20% VAT on the market value, no less than EUR 3.92 p.a. + 20% VAT per securities position; but no less than EUR 26.28 + 20% VAT per securities account.

Selling fees: 0.7% of the sale value, but no less than EUR 23.50

 

Disclaimer:

The information on the Nachhaltigkeits-GarantieAnleihe 2016–2023 Serie 117 is product information only and does not constitute investment advice or an investment recommendation, a product recommendation, an offer or solicitation to buy or sell this bond, or a solicitation to make an offer. It is intended solely as introductory information and is not a substitute for advice provided on the basis of the investor’s individual circumstances and knowledge. Every capital investment involves a certain degree of risk. The value of the investment and the earnings generated by the investment can change suddenly and considerably during the term and therefore cannot be guaranteed. There is a possibility that the investor may not get back the total amount of capital invested.

 

Enquiries: UniCredit Bank Austria Media Relations

Matthias Raftl, Tel.: +43 (0) 5 05 05-52809;

E-Mail: matthias.raftl@unicreditgroup.at

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