EANS-Adhoc: Vienna Insurance Group plans senior sustainability bond and strengthening of capital structure EAE

1/20/2021, 1:37 PM (Source: euro adhoc)
  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.

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Vienna -

In line with the Group's long-term capital planning and based on the current
interest rate situation, the Managing Board initiated the issuance of a senior
sustainability bond at its meeting today. The focus is on expanding investments
in socially and ecologically sustainable projects.

Depending on market conditions, the senior sustainability bond with a volume of
EUR 500 million is to be issued in the first half of 2021. The structure and the
issue date have not yet been finalised. The details of the issuance as well as
the sustainability bond framework including the second party opinion of an
independent rating agency will be published in the course of the issuance.

In view of the available capacities and taking advantage of the currently
favourable environment, the issuance of a subordinated restricted tier 1 bond
with a total volume of EUR 300 million got also initiated. This instrument will
be fully subscribed by VIG's main shareholder, Wiener Städtische

The following securities of VIG are admitted for trading on a regulated market:

Share                      AT0000908504 Vienna and Prague Stock Exchange,
                                        Official Market
VIG subordinated bond 2015 AT0000A1D5E1 Luxembourg Stock Exchange, Second
                                        Regulated Market
VIG subordinated bond 2013 AT0000A12GN0 Vienna Stock Exchange, Second Regulated

Further inquiry note:
Wiener Versicherung Gruppe
1010 Vienna, Schottenring 30

Wolfgang Haas 
Head of Group Communications & Marketing, Spokesperson of the Group
Phone: +43(0)50 390-21029
Fax: +43 (0)50 390 99-21029
E-Mail: wolfgang.haas@vig.com

Nina Higatzberger-Schwarz
Head of Investor Relations
Phone: +43 (0)50 390-21920
Fax: +43 (0)50 390 99-21920
E-Mail: nina.higatzberger@vig.com

end of announcement                         euro adhoc

issuer:       Vienna Insurance Group AG Wiener Versicherung Gruppe
              Schottenring 30
              A-1010 Wien
phone:        +43(0)50 390-22000
FAX:          +43(0)50 390 99-22000
mail:         investor.relations@vig.com 
WWW:          www.vig.com
ISIN:         AT0000908504
indexes:      VÖNIX, WBI, ATX
stockmarkets: Wien, Prague Stock Exchange
language:     English

EAX0003    2021-01-20/13:37

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