Back to News

Borealis successfully launched inaugural bond

Borealis, a leading provider of chemical and innovative plastics solutions, has successfully launched its inaugural bond in Austria. The initially planned amount of EUR 100 million was increased to EUR 200 million as the market reacted very positively to the offer. Borealis will use the additional funds for general corporate purposes including financing of the company's major investment projects in Europe and the Middle East.

"We are very pleased about the success of our inaugural bond in Austria," says Borealis Chief Financial Officer, Daniel Shook. "We believe this confirms that Borealis' strategy of Value Creation through Innovation, in combination with our strong financial profile, represents an attractive investment opportunity. The Austrian bond is a significant step in an overall strategy to diversify our funding investor base while extending our maturity profile."

Borealis is one of the largest companies in Austria and has its international headquarters in Vienna. With sales of EUR 4.7 billion in 2009, customers in over 120 countries, and 5,200 employees worldwide, Borealis is the second largest plastics producer in Europe and number 9 worldwide ranked by nameplate capacity. In Austria, Borealis operates one of the most modern plastics production site in Europe in Schwechat. The company's international Innovation Headquarters is based in Linz.

END

For further information, please contact:

Kerstin Meckler, Head of Communications,
Tel. +43 122 400 389
Email: kerstin.meckler@borealisgroup.com

Downloads
Borealis successfully launched inaugural bond English, German
Media Contact
Virginia Wieser
Senior Manager, Corporate Communications, Brand & Reputation
+43 1 22 400 772
media@borealisgroup.com

Related News

Media Release – 06/10/2022

Borealis and Bockatech showcase next-generation plastic foaming technology for more sustainable yet cost-saving thin wall and reusable packaging

Read more

Media Release – 04/10/2022

Borealis and VERBUND - Joint hydrogen project on an industrial scale

Read more

Media Release – 03/10/2022

Borealis restarts PDH construction site in Kallo with Ponticelli as contractor

Read more

Media Release – 26/09/2022

Borealis and YILDIRIM signed a binding agreement for Yildirim to acquire Borealis’ shareholding in Rosier SA

Read more

Media Release – 20/09/2022

Borealis appoints Jonatas Melo as Vice President Performance Materials

Read more

Media Release – 15/09/2022

On presents the first ever shoe made from carbon emissions in partnership with LanzaTech, Borealis and Technip Energies

Read more

News – 18/08/2022

Borealis to retender the majority of contracts for PDH construction site in Kallo, Belgium, after termination of all contracts with IREM

Read more

Media Release – 10/08/2022

Borealis confirms intention to launch squeeze out offer for Rosier

Read more

News – 04/08/2022

Borealis suspends construction in Kallo after serious allegations against contractor and continues to support Belgian authorities in investigation

Read more