Prospectus information and final conditions

Issuers of bonds must publish important information in the offering programme in a basic prospectus. This information in the basic prospectus must include data about the issuer as well as potential general information relating to the various types of bonds and “underlyings“ (e.g. general conditions of the bonds). The final terms are supplementary details, which relate to the emission-specific information of a bond, but not to the information about the issuer. Despite the high level of information and its importance as basis of an investment decision of the investor, an inadequate publication of the final conditions will not lead to a right of withdrawal as a sanction. [OGH 13.09.2016, 3 Ob 212/15w]