Business news for the stock market
UBM Development AG: Next UBM green bond successfully placed
Vienna (pta009/24.10.2025/07:00 UTC+2)
- 45% exchange further smoothed repayment profile – order books closed early
- €75m volume underlines continuing stable investor interest
- 100% of the bond directed to sustainability-based financing
Vienna, 24 October 2025 – UBM has demonstrated to enjoy the continued confidence of investors and its ability of successful refinancing on the capital market with its latest green bond 2025–2030 (ISIN: AT0000A3PGY9). The widely accepted exchange offer clearly reduces the repayment volume of UBM's bonds to €76m on 13 November 2025 and €72m on 21 May 2026. The total exchange rate of 45% lies at the upper end of the historically previously realised values.
The holders of the UBM bond 2019–2025 (original volume: €120m) and the holders of the UBM bond 2021–2026 (original volume: €150m) received an offer to exchange their bonds for the new, five-year UBM green bond 2025 during the period from 29 September to 16 October 2025. In October 2024, a total of €74m from these two bonds was already successfully exchanged and extended for the UBM green bond 2024. The current offer increased this volume by €48m. As a result, €122m of the original total bond volume of €270m were exchanged.
Including "fresh money", the current 2025–2030 bond issue led to the placement of €75m. "This current volume reflects the ongoing difficult operating conditions in the real estate industry. However, the placement confirms the confidence of the capital market in our strategy and development pipeline," explained Patric Thate, Chief Financial Officer of UBM Development AG, who emphasised: "We were able to further smooth our repayment profile, and that is a key competitive advantage in the current market phase".
The UBM green bond 2025 was offered for subscription in Austria, Germany and Luxembourg through a public offer which is subject to the publication of a prospectus and in other countries through a private placement. The planned value date is 30 October 2025. Plans call for the listing of the UBM green bond 2025 for trading in the Official Market (Corporates Prime) of the Vienna Stock Exchange and its inclusion in the Open Market segment of the Frankfurt Stock Exchange.
Raiffeisen Bank International AG served as the sole global coordinator and paying agent and, together with Montega Markets GmbH, also as joint bookrunner. UBM was advised by DLA Piper capital markets law experts Christian Temmel and Christian Knauder-Sima, and Raiffeisen Bank International AG was supported by Claus Schneider and Sebastian Prakljacic from the Wolf Theiss team.
UBM Development is one of Europe´s leading developers of timber construction projects. The strategic focus is on green and smart building in metropolitan areas like Vienna, Munich, Frankfurt or Prague. Platinum from EcoVadis and Prime Status from ISS ESG confirm the consequent focus on sustainability. With over 150 years of experience, UBM offers all development services from a single source, from planning to marketing. The shares are listed on the Prime Market of the Vienna Stock Exchange, the segment with the highest transparency requirements.
Disclaimer
This document is an advertisement within the meaning of Regulation (EU) 2017/1129 ("Prospectus Regulation") and Delegated Regulation (EU) 2019/979, as amended, and the information contained herein does not constitute, and should not construed as, an offer to sell or the solicitation of an offer to buy or subscribe for any securities of UBM Development AG ("Issuer"). The information contained herein may not be distributed outside of Austria, Germany and Luxembourg and, in particular, is not intended for direct or indirect publication in or into the United States of America, Australia, Canada or Japan. In particular, this document (and the information contained herein) does not constitute or imply any offer of securities for sale or any solicitation of an offer to purchase any securities in the United States, Australia, Canada or Japan or the United Kingdom of Great Britain and Northern Ireland or in any other country in which such offer or solicitation is prohibited. A public offering subject to a prospectus is made exclusively in Austria, Germany and Luxembourg ("Offer") to investors resident there on the basis of a securities prospectus prepared in accordance with the Prospectus Regulation which was approved by the Austrian Financial Market Authority (FMA) on 29 September 2025, published as planned and notified by the FMA to the Federal Financial Supervisory Authority in the Federal Republic of Germany and to the Commission de Surveillance du Secteur Financier in the Grand Duchy of Luxembourg as well as any supplements and addendums thereto (together the "Prospectus"). The approval of the Prospectus is not to be understood as an endorsement of the UBM Green Bond 2025 offered. The approved Prospectus was published in electronic form on the Issuer's website at www.ubm-development.com, sub-menu "investor relations", sub-item "bonds" and is available free of charge at the registered office of the Issuer, Laaer-Berg-Straße 43, 1100 Vienna. In connection with the Offer, only the information in the Prospectus is binding, the information in this publication is non-binding. Investors should therefore familiarize themselves with the contents of the Prospectus before making their investment decision, in particular with the information on risks, taxes and conflicts of interest, and seek detailed personal advice taking into account their personal asset and investment situation. Investors are therefore advised to read the Prospectus before making any investment decision in order to fully understand the potential risks and rewards of the decision to invest in the UBM Green Bond 2025. An investment in securities is subject to risks. Investors bear the credit risk of the Issuer. In the event of insolvency and/or liquidation of the Issuer, amounts payable on interest and/or principal may be lower; total loss of the capital invested is also possible in these cases.
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| Emitter: |
UBM Development AG Laaer-Berg-Straße 43 1100 Wien Austria |
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|---|---|---|
| Contact Person: | Christoph Rainer | |
| Phone: | +43 664 80 1873 200 | |
| E-Mail: | investor.relations@ubm-development.com | |
| Website: | www.ubm-development.com | |
| ISIN(s): | AT0000815402 (Share) AT0000A2AX04 (Bond) AT0000A2QS11 (Bond) AT0000A35FE2 (Bond) AT0000A3FFK1 (Bond) AT0000A3K955 (Bond) XS2355161956 (Bond) | |
| Stock Exchange(s): | Vienna Stock Exchange (Official Trade); Free Market in Frankfurt (Scale) |

