Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Austria
  4. Wiener Boerse
  5. Vienna Insurance Group AG
  6. News
  7. Summary
    VIG   AT0000908504

VIENNA INSURANCE GROUP AG

(VIG)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 07/29 03:46:02 pm
23.325 EUR   +1.41%
07/22VIENNA INSURANCE : launches new strategy programme
AQ
06/09Vienna Insurance to Seek Acquisitions
CI
06/08VIENNA INSURANCE : J.P. Morgan European Insurance Conference
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

EANS-Adhoc : Vienna Insurance Group plans senior sustainability bond and strengthening of capital structure

01/20/2021 | 07:36am EDT
 
=------------------------------------------------------------------------------- 
  Disclosed inside information pursuant to article 17 Market Abuse Regulation 
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. 
  The issuer is responsible for the content of this announcement. 
=------------------------------------------------------------------------------- 
 
No Keyword 
20.01.2021 
 
Vienna - 
 
In line with the Group's long-term capital planning and based on the current 
interest rate situation, the Managing Board initiated the issuance of a senior 
sustainability bond at its meeting today. The focus is on expanding investments 
in socially and ecologically sustainable projects. 
 
Depending on market conditions, the senior sustainability bond with a volume of 
EUR 500 million is to be issued in the first half of 2021. The structure and the 
issue date have not yet been finalised. The details of the issuance as well as 
the sustainability bond framework including the second party opinion of an 
independent rating agency will be published in the course of the issuance. 
 
In view of the available capacities and taking advantage of the currently 
favourable environment, the issuance of a subordinated restricted tier 1 bond 
with a total volume of EUR 300 million got also initiated. This instrument will 
be fully subscribed by VIG's main shareholder, Wiener Städtische 
Versicherungsverein. 
 
 
 
The following securities of VIG are admitted for trading on a regulated market: 
 
 
ISSUE TITEL                ISIN         TRADING SEGMENT 
Share                      AT0000908504 Vienna and Prague Stock Exchange, 
                                        Official Market 
VIG subordinated bond 2015 AT0000A1D5E1 Luxembourg Stock Exchange, Second 
                                        Regulated Market 
VIG subordinated bond 2013 AT0000A12GN0 Vienna Stock Exchange, Second Regulated 
                                        Market 
 
 
 
 
 
 
 
Further inquiry note: 
VIENNA INSURANCE GROUP AG 
Wiener Versicherung Gruppe 
1010 Vienna, Schottenring 30 
 
Wolfgang Haas 
Head of Group Communications & Marketing, Spokesperson of the Group 
Phone: +43(0)50 390-21029 
Fax: +43 (0)50 390 99-21029 
E-Mail: wolfgang.haas@vig.com 
 
Nina Higatzberger-Schwarz 
Head of Investor Relations 
Phone: +43 (0)50 390-21920 
Fax: +43 (0)50 390 99-21920 
E-Mail: nina.higatzberger@vig.com 
 
 
end of announcement                         euro adhoc 
=------------------------------------------------------------------------------- 
 
 
 
 

(END) Dow Jones Newswires

January 20, 2021 07:35 ET (12:35 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
PX INDEX 0.32% 1204.44 Real-time Quote.16.89%
VIENNA INSURANCE GROUP AG 1.52% 23.35 Delayed Quote.10.58%
All news about VIENNA INSURANCE GROUP AG
07/22VIENNA INSURANCE : launches new strategy programme
AQ
06/09Vienna Insurance to Seek Acquisitions
CI
06/08VIENNA INSURANCE : J.P. Morgan European Insurance Conference
PU
06/02ANALYST RECOMMENDATIONS : Bank of America, Bodycote, Chevron, Dow Inc, Ferguson...
05/25VIENNA INSURANCE GROUP AG : Ex-dividend day for final dividend
FA
05/24VIENNA INSURANCE : launches new strategy programme
AQ
05/21EANS-GENERAL MEETING : Vienna Insurance Group AG Wiener Versicherung Gruppe / Re..
DJ
05/21VIENNA INSURANCE GROUP : Virtual Annual General Meeting 2021
PU
05/21VIENNA INSURANCE : launches new strategy programme
PU
05/21Vienna Insurance Group AG Announces Executive Changes
CI
More news
Financials
Sales 2021 9 431 M 11 211 M 11 211 M
Net income 2021 360 M 428 M 428 M
Net Debt 2021 - - -
P/E ratio 2021 8,30x
Yield 2021 5,00%
Capitalization 2 989 M 3 553 M 3 553 M
Capi. / Sales 2021 0,32x
Capi. / Sales 2022 0,30x
Nbr of Employees 25 000
Free-Float 28,0%
Chart VIENNA INSURANCE GROUP AG
Duration : Period :
Vienna Insurance Group AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VIENNA INSURANCE GROUP AG
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 23,35 €
Average target price 27,54 €
Spread / Average Target 17,9%
EPS Revisions
Managers and Directors
Elisabeth Stadler Chairman-Managing Board & Chief Executive Officer
Liane Hirner Chief Financial & Risk Officer
GŘnter Geyer Chairman-Supervisory Board
Ryszard Dyszkiewicz Head-Group Information Technology
Peter Thirring Chief Technical Officer
Sector and Competitors
1st jan.Capi. (M$)
VIENNA INSURANCE GROUP AG10.58%3 476
ALLIANZ SE4.78%102 306
CHUBB LIMITED7.86%74 658
MARSH & MCLENNAN COMPANIES, INC.25.39%73 354
ZURICH INSURANCE GROUP LTD-1.63%59 710
BAJAJ FINSERV LIMITED56.86%29 833