EQS-News: AT&S announces early redemption of 2022 hybrid bond

EQS-News: AT&S Austria Technologie & Systemtechnik AG / Key word(s):
   Financing
   AT&S announces early redemption of 2022 hybrid bond

   08.10.2026 / 08:59 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   AT&S announces early redemption of 2022 hybrid bond
    

   Refinancing significantly reduces recurring financing costs and further
   optimizes the capital structure

    

   Leoben – AT&S will redeem its outstanding 2022 hybrid bond (ISIN
   XS2432941693) with a nominal amount of €350 million on 22 October 2026,
   the first available call date. The bond will be redeemed at par plus
   accrued interest. Following redemption, the notes will be cancelled.

    

   The redemption follows the successful placement of the 2026 hybrid
   convertible bond. Through this refinancing transaction, AT&S will
   significantly reduce its recurring financing costs. The coupon of the new
   financing instrument is approximately 50% lower than that of the 2022
   hybrid bond. As a result, the transaction further strengthens the
   Company's long-term financing profile.

    

   The redemption will be funded from existing liquidity and underscores
   AT&S's strong liquidity and funding position.

    

   "By redeeming the hybrid bond at the first available call date, we are
   continuing the disciplined optimization of our capital structure," said
   Gerrit Steen, CFO of AT&S. "The transaction also reflects AT&S's
   significantly improved liquidity position. In addition, the successful
   refinancing substantially reduces our recurring financing costs and
   further enhances AT&S's financial flexibility."

    

    

    

    

    

   AT&S Austria Technologie & Systemtechnik Aktiengesellschaft – Advanced
   Technologies & Solutions

   AT&S is a global technology company and leading manufacturer of high-end
   IC substrates and complex printed circuit boards. AT&S develops and
   produces leading-edge interconnect technologies for key digital
   industries: AI infrastructure, high-performance computing, mobile devices,
   automotive, aerospace, industrial and medical technology. With production
   sites in Austria (Leoben, Fehring), China (Shanghai, Chongqing), Malaysia
   (Kulim), India (Nanjangud) and a European competence center for R&D and IC
   substrate production in Leoben, AT&S is actively shaping the digital
   transformation – through forward-looking investments in research and
   development and the responsible use of resources. The company currently
   employs around 15,000 people. Further information can be found at
   [1]www.ats.net

    

   Media download:

   In the AT&S Media Portal [2]https://ats.canto.de/v/press you can find
   media material on AT&S.

    

    

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   08.10.2026 CET/CEST This Corporate News was distributed by [3]EQS Group

   View original content: [4]EQS News

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   Language:    English
   Company:     AT&S Austria Technologie & Systemtechnik AG
                Fabriksgasse 13
                8700 Leoben
                Austria
   Phone:       +43 (1) 3842200-0
   E-mail:      [email protected]
   Internet:    www.ats.net
   ISIN:        AT0000969985, AT0000A09S02
   WKN:         922230
   Indices:     ATX
   Listed:      Regulated Unofficial Market in Dusseldorf, Frankfurt,
                Hamburg, Hanover, Munich, Stuttgart, Tradegate BSX; Vienna
                Stock Exchange (Official Market)
   LEI Code:    529900EVOKN4LCCD9321
   EQS News ID: 2412220


    
   End of News EQS News Service


   2412220  08.10.2026 CET/CEST

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