Dürr Aktiengesellschaft / Key word(s): Issue of Debt
08.09.2010 16:52
Veröffentlichung einer Ad-hoc-Mitteilung nach § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Dürr issues unsubordinated bond in a volume of up to EUR 150 million'
Bietigheim-Bissingen, September 8, 2010 - Dürr AG is issuing a five-year
unsubordinated corporate bond with an issue volume of up to EUR 150 million
and a coupon of 7.25%. It is to be issued at par and in a private
investor-friendly denomination of EUR 1,000. The subscription period is
from September 13 to September 24, 2010 but can be terminated earlier if
the issue is oversubscribed.
Dürr AG's management board has resolved to issue the bond (WKN: A1EWGX,
ISIN: DE000A1EWGX1) starting on September 13, 2010. The relevant regulatory
authority (BaFin) has approved the prospectus. The bond is to be listed not
only in the regulated unofficial market segment on the Frankfurt Stock
Exchange but also in the Stuttgart Stock Exchange's Bondm segment
(regulated unofficial market). Through this new bond segment for small and
mid cap companies, private investors are able to subscribe directly, and
receive a guaranteed allotment within the framework of the issue volume
during the subscription period. Asset managers and institutional investors
can subscribe through the global coordinator and sole bookrunner Close
Brothers Seydler Bank AG and the sub-underwriter Solventis
Wertpapierhandelsbank GmbH, both based in Frankfurt am Main. The bond is
due to start trading on September 28, 2010. The issue is governed by German
law.
The proceeds are to be used mostly for the early redemption of the old bond
that was issued in 2004 with a coupon of 9.75%. The old bond is to be
redeemed in full at par by November 2010.
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Information and Explaination of the Issuer to this News:
Disclaimer:
This communication is intended solely for your information and does not
constitute an offer on the part of Dürr AG or a solicitation of an offer to
buy or subscribe for securities. Interested investors should base their
investment decision regarding the bond solely on the information on the
securities and the risks associated with the purchase of the securities
contained in the prospectus published by Dürr AG in connection with the
public offering of the securities. The bond is subject to certain
restrictions which can be noted from the prospectus. This communication and
the bond offering are not intended for U.S. citizens or for persons in the
United States of America, Canada, Australia or Japan.
Contact:
Dürr AG
Günter Dielmann/Mathias Christen
Corporate Communications & Investor Relations
Phone +49 7142 78-1785/-1381
Fax +49 7142 78-1716
Email: corpcom@durr.com
08.09.2010 16:52 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language: English
Company: Dürr Aktiengesellschaft
Carl-Benz-Str. 34
74321 Bietigheim-Bissingen
Deutschland
Phone: 07142 78-1785
Fax: 07142 78-1716
E-mail: investor.relations@durr.com
Internet: www.durr.com
ISIN: DE0005565204
WKN: 556520
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Hamburg, München, Düsseldorf, Berlin, Hannover
End of Announcement DGAP News-Service
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DGAP-Adhoc: Dürr Aktiengesellschaft: Dürr issues unsubordinated bond in a volume of up to EUR 150 million
| Source: EQS Group AG