Austrian fibre major Lenzing AG on Friday said it will redeem the remaining portion of its undated, subordinated resettable fixed rate notes, also known as the Hybrid Bond 2020, issued in December 2020. The company said it is exercising its contractual call option to redeem the outstanding
Lenzing AG intends to launch an exclusive exchange offer for its existing EUR 500 million undated subordinated resettable fixed rate notes (ISIN: XS2250987356, issued December 7, 2020), known as the Hybrid Bond 2020. Under the proposed Exchange Offer, qualifying holders will have the option to exchange their Existing Notes at a ratio of 90% of […]














