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: ir@ats.net
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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References

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