Erste Group Bank AG: intends to repurchase Undated Fixed to Fixed Resettable Notes (ISIN: XS2108494837 and ISIN: AT0000A2L583)
Vienna (pta009/22.06.2026/10:15 UTC+2)
Erste Group Bank AG intends to repurchase EUR 500,000,000 Undated Fixed to Fixed Resettable Notes (ISIN: XS2108494837) and EUR 750,000,000 Undated Fixed to Fixed Resettable Notes (ISIN: AT0000A2L583)
Erste Group Bank AG ("Erste Group") will publish today an invitation to holders (the "Holders") of (i) its EUR 500,000,000 Undated Fixed to Fixed Resettable Notes (ISIN: XS2108494837) (the "EUR 500,000,000 Notes") and (ii) its EUR 750,000,000 Undated Fixed to Fixed Resettable Notes (ISIN: AT0000A2L583) (the "EUR 750,000,000 Notes", and together with the EUR 500,000,000 Notes, the "Notes", each a "Series") to tender their Notes of the respective Series for purchase by Erste Group for cash subject to a maximum acceptance amount and further conditions (as specified in a tender offer memorandum dated 22 June 2026 (the "Tender Offer Memorandum")), at (i) 100 per cent of the principal amount of the EUR 500,000,000 Notes and (ii) 100.70 per cent of the principal amount of the EUR 750,000,000 Notes, with a settlement date on or around 1 July 2026 (the "Tender Offer").
The Tender Offer is made exclusively on the basis of the Tender Offer Memorandum, copies of which are available to Holders on the website of the Global Tender Agent (as defined below), subject to eligibility and registration, or on their request from the Tender Agents (as defined below), subject to distribution restrictions. The Tender Offer will begin on 22 June 2026 and will expire at 5:00 p.m. (CEST) on 29 June 2026, unless extended, re-opened, amended or terminated as provided in the Tender Offer Memorandum. Instructions to participate in the Tender Offer are to be submitted in accordance with the provisions of the Tender Offer Memorandum to (i) Kroll Issuer Services Limited, The News Building, 3 London Bridge Street, London SE1 9SG, United Kingdom, as the global tender agent (the "Global Tender Agent") and (ii) Erste Group Bank AG, Am Belvedere 1, 1100 Vienna, Austria, as the Austrian tender agent (together with the Global Tender Agent, the "Tender Agents"). Any Notes tendered by the Holders may be rejected at the sole discretion of Erste Group.
Furthermore, Erste Group intends, subject to market conditions, to issue a new series of euro-denominated Additional Tier 1 notes under the base prospectus for its Additional Tier 1 Notes Programme dated 13 November 2025.
Disclaimer:
Neither the Tender Offer Memorandum nor this announcement constitutes or contains an offer of, or the solicitation of an offer to buy or subscribe for, securities issued by Erste Group to any jurisdiction in which the submission of such an offer or such an invitation to submit an offer or in which the submission of an offer by or to certain persons is prohibited. Holders of Notes who are outside of the Republic of Austria and who come into possession of this announcement and/or the Tender Offer Memorandum and/or who wish to make an offer to sell the Notes from outside the Republic of Austria are required to inform themselves about the relevant legal provisions in connection therewith and to comply with these provisions. Neither Erste Group nor the Tender Agents nor any of the Dealer Managers (as set out in the Tender Offer Memorandum) assumes any liability whatsoever in connection with the submission of an offer to sell notes from outside the Republic of Austria.
This announcement is mandatory pursuant to Article 17 of Regulation (EU) No 596/2014, as amended (Market Abuse Regulation). It does not constitute financial analysis or advice relating to financial securities. This announcement is neither a recommendation nor an offer, invitation or solicitation to purchase or sell any securities of Erste Group.
THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA OR IN OR INTO OR TO ANY PERSON RESIDENT OR LOCATED IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT.
Erste Group shares (ISIN AT0000652011) are traded in Vienna, Prague and Bucharest.
The issues of Erste Group Bank AG are admitted to trading on the following regulated markets: Vienna, Luxembourg, Budapest, Bucharest, Stuttgart. The five biggest listed issues of Erste Group Bank AG in terms of issue volume have the following ISINs: AT0000A324F5, AT0000A33MP9, AT0000A39GD4, AT0000A3B0X2, XS1750974658.
(end)
| Emitter: |
Erste Group Bank AG Am Belvedere 1 1100 Wien Austria |
|
|---|---|---|
| Contact Person: | Thomas Sommerauer / Gerald Krames | |
| Phone: | +43 (0)50100-17326 | |
| E-Mail: | investor.relations@erstegroup.com | |
| Website: | www.erstegroup.com | |
| ISIN(s): | AT0000652011 (Share) | |
| Stock Exchange(s): | Vienna Stock Exchange (Official Trade) | |
| Other Stock Exchanges: | Bucharest Stock Exchange, Prague Stock Exchange |
