|Date: - -|
|Type of bond||Erste Group senior bonds|
|Issuer type||financial institution|
|Country of issue||AT|
|Coupon style||step up|
|Coupon payment date||-|
|Coupon payment period||annually|
|Yield to maturity p.a. (before tax)||-|
|This product is no longer publicly offered. The product-specific content published here is for information purposes only for those who are already invested and does not constitute marketing communication. Erste Group Bank AG no longer consents to the use of the prospectus for a public offering of this product by third parties. Purchases and sales are made exclusively on the secondary market.|
The "Erste Group Stufenzinsanleihe 60 (2013-2020)" is a bearer bond issued by Erste Group Bank AG (the "issuer") with a maturity of seven years. The product comes with a regular coupon and is redeemed at 100% at the end of maturity (subject to the default risk associated with the issuer). The "Erste Group Stufenzinsanleihe 60 (2013-2020)" is an interest-paying debt obligation with a progressively rising, fixed coupon. During the life of the bond the performance is determined by the fluctuations on the capital market.
The "Erste Group Stufenzinsanleihe 60 (2013-2020)" is geared to investors with a long-term investment horizon who
|This bearer bond pays an increasing, fixed interest rate from 1.80 % p.a. up to 2.10 % p.a.|
|This bearer bond is redeemed on 30 December 2020 at 100% (subject to the default risk associated with Erste Group Bank AG).|
|The bearer bond will be issued on a continuous basis, publicly offered in Germany and listed in Austria. Listing at Baden-Württembergischen Wertpapierbörse as well as at Frankfurter Wertpapierbörse (unofficial market / unregulated market) is scheduled for 30 December 2013. From the value date onwards the bearer bond can be traded on each stock exchange day during trading hours. However, Erste Group Bank AG cannot guarantee the existence or maintenance of an active market throughout the entire life of the bond. The issuer will, as a rule, continuously quote prices, but is not obligated to do so. Neither is the issuer obligated to redeem the bonds. During the life of the bond its price will be significantly determined by the general development of interest rates, the fluctuations on the capital market, and the general economic scenario.|
Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).
The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.
Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended). For this reason, the distribution or redistribution of the information, materials and products into United States or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited. The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.
The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.
By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.