Lenzing AG Redeems 2020 Hybrid Bond

Lenzing AG, a leader in regenerated cellulose fibers, announced its decision to redeem its 2020 Hybrid Bond. This decision follows the successful closing of an exchange offer for this bond on July 9, 2025. As of that date, EUR 182 million of the bond was still outstanding.

Effective September 12, 2025, Lenzing will exercise its right to call and redeem the bond at par, including any accrued interest, as per the bond's terms. A formal notice of redemption has been issued separately. This strategic move is part of Lenzing's ongoing efforts to manage its financial commitments efficiently.

This redemption underscores Lenzing's commitment to its financial strategy and enhances its ability to focus on its core business of delivering high-quality, sustainable fibers.