Products
Downloads
Locations / Sites
Contacts
Download list
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 Mesicek
Senior Manager a.i., External Communications

Related News

News – 14/06/2019

Borealis won two brand awards during German Brand Awards 2019

Read more

News – 16/05/2019

Proud to have been nominated for the ‘CIRCUMAT’ at the Energy Globe Awards

Read more

News – 13/05/2019

Borealis successfully places a Schuldschein transaction in Euro and US$

Read more

Media Release – 08/05/2019

OMV ReOil project: OMV and Borealis extend their partnership at the industrial site in Schwechat

Read more

Media Release – 06/05/2019

Borealis with a solid start into 2019

Read more

News – 15/04/2019

Borealis EverMinds™ - establishing circular thinking with value chain partners at the Plastics Recycling Show Europe (PRSE)

Read more

News – 11/04/2019

Value chain partners explore sustainable rigid packaging solutions at Borealis event in Munich

Read more

News – 10/04/2019

Schwarz Retail Group Supports Project STOP in Asia

Read more

Media Release – 23/03/2019

Borealis and ADNOC sign Memorandum of Understanding to explore strategic opportunities in the polyolefin industry

Read more