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
Group Media desk
Virginia Wieser, Lena Lehner
+43 1 22 400 899 (Vienna, Austria)
media@borealisgroup.com

Related News

Media Release – 01/02/2023

Borealis appoints Stefan Toader as Vice President Reliability, Turnarounds and Projects

Read more

News – 23/01/2023

About the Kallo Case

Read more

News – 19/01/2023

Borealis ranked second as Austria’s Leading International Company

Read more

Media Release – 19/01/2023

Borealis Borcycle™ C chemical recycling provides circular solutions for crosslinked polyethylene for the Wire & Cable and Infrastructure sectors

Read more

Media Release – 17/01/2023

Borealis demonstrates commitment to the highest sustainability standards with ISCC PLUS certification for Ecoplast site

Read more

Media Release – 12/01/2023

Borealis acquires a majority stake in Renasci signalling on-going commitment to leading the transformation to a circular economy

Read more

Media Release – 02/01/2023

Borealis and YILDIRIM announce completion of the sale of Borealis’ shareholding in Rosier SA to YILDIRIM Group’s YILFERT Holding

Read more

Media Release – 19/12/2022

Borealis and VERBUND sign first long-term hydropower PPA to supply Borealis operations in Schwechat, Austria as of January 2023

Read more

News – 14/12/2022

The Design for Recycling challenge in Healthcare

Read more