Lenzing, September 5, 2025 – Lenzing AG, a global leader of regenerated cellulose fibers, announces that it is exercising its contractual right to call and redeem the remaining portion of its undated, subordinated resettable fixed rate notes (ISIN XS2250987356, “Hybrid Bond 2020”) issued on December 7, 2020.
Following the successful closing of the exchange offer for the 2020 Hybrid Bond on July 9, 2025, EUR 182 million of the 2020 Hybrid Bond remained outstanding. Lenzing is exercising its right to call and redeem the bond at par plus accrued interest in accordance with the bond’s terms and conditions, effective September 12, 2025.
Formal notice of redemption has been issued separately.
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