Lenzing AG successfully issues EUR 500 million hybrid bond

“The success of our hybrid issuance underlines the creditworthiness of Lenzing and the confidence of the capital market in our company. The completion of the transaction strengthens our balance sheet and is a further step in diversifying our financing structure”, said Thomas Obendrauf, Chief Financial Officer of Lenzing AG.

BNP Paribas and Morgan Stanley acted as joint global coordinators and structuring advisors and BNP Paribas, Morgan Stanley and UniCredit as joint bookrunners.

www.lenzing.com