EANS-Adhoc: UNIQA intends to issue a benchmark senior bond and a sub-benchmark subordinated (Tier 2) bond EAE

Monday, 29. June 2020 11:53
  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.

bond issuance / intent



The management board and the supervisory board of UNIQA Insurance Group AG
("UNIQA") resolved today, subject to acceptable market conditions, to issue
senior and subordinated (Tier 2) notes in minimum denominations of EUR 100,000
(the "Notes"). The aim is to issue senior notes of approximately EUR 600 million
(the "Senior Notes") and subordinated (Tier 2) notes of approximately EUR 200
million (the "Tier 2 Notes").

A placement is subject to market conditions, shall occur timely and will be
exclusively directed at institutional investors in Austria and abroad. An
application for admission of the Notes to trading on the Official Market
(Amtlicher Handel) of the Vienna Stock Exchange is intended, subject to approval
of a listing prospectus.

UNIQA intends to use net proceeds from the issuance of the Senior Notes to
partly finance the purchase price for the acquisition of subsidiaries of AXA
Group in Poland, the Czech Republic and Slovakia and to pass on most of the
proceeds to UNIQA Österreich Versicherungen AG for this purpose. It is intended
to invest an amount corresponding to the net proceeds from the Tier 2 Notes in
eligible assets in accordance with the UNIQA Green Bond Framework.
HSBC Bank plc, J.P. Morgan Securities plc and Raiffeisen Bank International have
been mandated as Joint Bookrunners.

Legal notice/disclaimer:
This communication is a mandatory notification under Article 17 of Regulation
(EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014
on market abuse (Market Abuse Regulation).

This communication is for informational purposes only and does not constitute an
offer to sell or a solicitation to buy or subscribe to securities, nor does it
constitute financial analysis or advice or a recommendation relating to
financial instruments. The securities have not been and will not be registered
under foreign securities laws, in particular not under the U.S. Securities Act
of 1933, as amended ("Securities Act") and may not be offered or sold, in
particular in the United States of America ("USA"), without registration or
exemption from the registration requirements under the Securities Act.

This communication is not intended for distribution in or within the USA,
Australia, Canada or Japan or any other country where such distribution or
dissemination would be unlawful and may not be distributed or forwarded to
publications with a general circulation in the USA. There will be no public
offering of securities in the USA.

This communication does not constitute and shall not, in any circumstances,
constitute a public offering nor an invitation to the public in connection with
any offer within the meaning of the European Prospectus Regulation (EU) 2017/
1129 (the "Prospectus Regulation"). The offer and sale of the Notes will be made
pursuant to an exemption under the Prospectus Regulation, from the requirement
to produce a prospectus for offers of securities.

A listing prospectus will exclusively be prepared for the purpose of admitting
the Notes to trading on the Official Market of the Vienna Stock Exchange. Once
approved by the Austrian Financial Market Authority, the listing prospectus will
be available for download free of charge in electronic form from the issuer's
website at https://www.uniqagroup.com/gruppe/versicherung/investor-relations/
Anleihen.en.html. [https://www.uniqagroup.com/gruppe/versicherung/investor-

Further inquiry note:
Gregor Bitschnau, Group Communications, +43 (0)1 21175 3440, +43 664 88915564,

Investor Relations: 
Michael Oplustil, Investor Relations, +43 (0)1 21175 3236, +43 664 88915215,

end of announcement                         euro adhoc

issuer:       UNIQA Insurance Group AG
              Untere Donaustraße 21
              A-1029 Wien
phone:        01/211 75-0
mail:         investor.relations@uniqa.at
WWW:          http://www.uniqagroup.com
ISIN:         AT0000821103
indexes:      ATX, WBI
stockmarkets: Wien
language:     English

EAX0008    2020-06-29/11:53

Related Links: UNIQA Insurance Group AG
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