Brief: OMV Announces Redemption Of Nc6 Hybrid Notes And Considers Also Issue Of New Hybrid Bond

OMV Aktiengesellschaft

13/05/2026 12:38

May 13 (Reuters) - OMV AG OMVV.VI:

ANNOUNCES REDEMPTION OF NC6 HYBRID NOTES AND CONSIDERS ALSO ISSUE OF NEW HYBRID BOND

HAS DECIDED TO CALL AND REDEEM EUR 750 MILLION HYBRID NOTES ISSUED BY OMV IN 2020

CONSIDERS ISSUE OF A NEW HYBRID BOND, IN ONE OR SEVERAL TRANCHES WITH A FIXED OR FLOATING INTEREST RATE AND AN AGGREGATE VOLUME OF UP TO EUR 750 MILLION

POTENTIAL ISSUE COULD TAKE PLACE WITHIN NEXT 18 MONTHS, IN ANY EVENT AT EARLIEST IN JUNE 2026

PROCEEDS WOULD BE USED TO ENSURE AND STRENGTHEN OMV GROUP'S CONTINUED LIQUIDITY, IN PARTICULAR, FOR UPCOMING RE-FINANCING REQUIREMENTS, FINANCIAL FLEXIBILITY AS WELL AS FOR GENERAL CORPORATE PURPOSES

Source text: ID:nPexJ8tkja

Further company coverage: OMVV.VI

 (Gdansk Newsroom)

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