Austrian construction company Strabag SE (STR.VI) Tuesday said it placed a loan involving promissory notes of EUR140 million.

MAIN FACTS:

-Strabag said the volume was raised from originally EUR100 million to EUR140 million due to demand.

-The loan is divided among two fixed-interest and two variable tranches with terms to maturity of 5 and 7 years.

-Commerzbank AG (CBK.XE) Aktiengesellschaft and Landesbank Baden-Wuerttemberg acted as bookrunners, and Strabag placed the loan with European and Asian financial institutions as well as institutional investors from Germany.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500