News

• September 22, 2010
  

  Lenzing successfully places EUR 120 million corporate bond with mainly private investors

  Lenzing AG, the world market leader in man-made cellulose fibers, successfully placed a seven-year corporate bond with a coupon rate of 3.875 %. The bond sale was oversubscribed fourfold. Approximately 75 % of the total volume went to private Austrian investors due to strong demand from this group. Peter Untersperger, chairman of the management board, comments: “We have achieved an important target of our bond issue in an optimum manner, namely the diversification of our creditor base. We see the considerable oversubscription and the great demand from institutional and in particular private investors as an indication that Lenzing is well positioned as a global and yet essentially Austrian company”.

• September 16, 2010
  

  Green 2.0 – A new era of textile sustainability / Creative concepts in textile chain cooperation

  A new era has begun. Sustainability has become the byword of a new business generation. Lenzing therefore adopts a deeper approach to meet new challenges: Green 2.0. Web 2.0 is broadening internet communication, Lenzing's Green 2.0 deepens a wide spectrum of relationships based on communication. In an era of simultaneous and non-hierarchical information flow, communication must be open and honest.