RBI once again successfully places additional tier 1 capital

18.01.2018

Raiffeisen Bank International AG (RBI) placed EUR 500 million of perpetual additional tier 1 capital (AT1). The security has a coupon of 4.5% p.a. until mid-June 2025 which will be reset thereafter.

 

Vienna, 18 January 2018 – Raiffeisen Bank International AG (RBI) placed EUR 500 million of perpetual additional tier 1 capital (AT1). The security has a coupon of 4.5% p.a. until mid-June 2025 which will be reset thereafter.

 

"Following the successful issuance in June last year, this now constitutes a further significant step towards optimizing the capital structure of the bank", commented Martin Grüll, Chief Financial Officer of RBI. The transaction was eight times subscribed within the space of a few hours. The investors are located primarily in the U.K., continental Europe and Asia.

 

 

 

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Raiffeisen Bank International AG (RBI) regards Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. 14 markets of the region are covered by subsidiary banks. Additionally, the group comprises numerous other financial service providers, for instance in the fields of leasing, asset management, as well as M&A.

 

In total, nearly 50,000 employees service 16.5 million customers through more than 2,400 business outlets, the majority thereof in CEE. RBI's shares are listed on the Vienna Stock Exchange. The Regional Raiffeisen Banks own around 58.8 per cent of the shares, the remainder is in free float. Within the Raiffeisen Banking Group, RBI is the central institute of the Regional Raiffeisen Banks and other affiliated credit institutions and renders important services in this function.