EPH Group AG Resolves to Launch Exchange Offer for 2023/2030 and 2025/2032 Bonds into New Secured 10% Bond 2026/2033
Ad-Hoc | November 13, 2026
Vienna, 12 November 2026
On 20 October 2026, EPH Group AG (the "Company") announced the issuance of a further secured 10% tourism corporate bond with a total issue volume of up to EUR 50 million (the "2026/2033 Bonds", ISIN: AT0000A3XVE4). The Company also announced its intention to offer holders of the 2025/2032 Bonds (ISIN: DE000A3L7AM8) and holders of the 2023/2030 Bonds (ISIN: DE000A3LJCB4) the opportunity to exchange their existing bonds for the new bonds at a ratio of 1:1 in each case.
Today, the Company's Management Board, with the approval of the Supervisory Board, resolved to proceed with the planned exchange offer and approved the key terms and conditions of the exchange. Under the exchange offer, holders of the 2025/2032 Bonds (ISIN: DE000A3L7AM8) and holders of the 2023/2030 Bonds (ISIN: DE000A3LJCB4) will be offered the opportunity to exchange their respective bonds for the 2026/2033 Bonds (ISIN: AT0000A3XVE4), in each case at a ratio of 1:1 and subject to the terms and conditions of the exchange offer.
The exchange offer is expected to be carried out in the first half of 2027, subject to the approval of the relevant securities prospectus by the competent supervisory authority. The specific timing and the exchange offer period during which exchange instructions may be submitted will be determined jointly by the Management Board and the banks involved. The final details of the exchange terms and conditions are currently being coordinated with the German banking partner that will be appointed to execute and settle the exchange offer.
Legal Notice / Disclaimer
This announcement constitutes a mandatory disclosure pursuant to Article 17 of the EU Market Abuse Regulation (MAR). It is provided for information purposes only and does not constitute an offer to purchase securities or a solicitation of an offer to purchase securities issued by EPH Group AG. Any future offering of securities by EPH Group AG will be made in accordance with and on the basis of applicable capital markets laws and regulations.
The public offering of the 2026/2033 Bonds is made exclusively through and on the basis of the securities prospectus published on the issuer's website (www.eph-group.com), approved by the Luxembourg financial supervisory authority (CSSF) on 23 October 2026 and notified to the German Federal Financial Supervisory Authority (BaFin) and the Austrian Financial Market Authority (FMA).
The prospectus contains the final terms and conditions and is available free of charge at the following link:
https://eph-group.com/assets/wertpapierprospekt-anleihe-2026-2033.pdf
Approval of the prospectus by the CSSF should not be understood as an endorsement of the securities offered. Investors are strongly advised to read the prospectus before making any investment decision in order to fully understand the potential risks and rewards associated with investing in the securities.
Securities issued by EPH Group AG have not been and will not be registered under foreign securities laws, in particular under the U.S. Securities Act of 1933, as amended (the "Securities Act"), with any foreign securities regulatory authority. In particular, such securities may not be offered or sold in the United States of America (the "United States") without registration under the Securities Act or an applicable exemption from its registration requirements.
THIS ANNOUNCEMENT IS NOT INTENDED FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.