Dürr Aktiengesellschaft / Key word(s): Miscellaneous
29.09.2010 14:45
---------------------------------------------------------------------------
Dürr redeems old bond issued in 2004
Bietigheim-Bissingen, September 29, 2010 - As announced, Dürr AG has called
its bond issued in 2004 (security code number WKN: AOBU75). The bond's
nominal value of EUR 100 million will be repaid to the bondholders at par
and plus accrued interest on October 29, 2010. To redeem the bond, Dürr is
using part of the proceeds of EUR 150 million the company received on
September 28, 2010 from the issuance of a new bond due in 2015.
Dürr is a mechanical and plant engineering group that holds leading
positions in the world market in its areas of operation. It generates a
good 80% of its sales in business with the automotive industry. It
furthermore supplies the aircraft, machinery, chemical, and pharmaceutical
industries with innovative production and environmental technology. The
Dürr Group operates in the market with two divisions. The Paint and
Assembly Systems division supplies production and painting technology,
especially for car bodies. Machinery and systems from the Measuring and
Process Systems division are used in engine and transmission manufacturing
and in final vehicle assembly, among other areas. Dürr has 48 business
locations in 21 countries worldwide. The Group achieved sales of EUR 1.1
billion with approximately 5,700 employees in 2009.
Contact:
Dürr AG
Günter Dielmann/Mathias Christen
Corporate Communications & Investor Relations
Tel +49 7142 78-1785/-1381
Fax +49 7142 78-1716
Email corpcom@durr.com
29.09.2010 14:45 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
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
---------------------------------------------------------------------------
DGAP-News: Dürr Aktiengesellschaft: Dürr redeems old bond issued in 2004
| Source: EQS Group AG