Océ refinanced debt

(Thomson Reuters ONE) -


Venlo, The Netherlands, 19 May  2010 - Océ, through Canon Inc., refinanced both
the multicurrency revolving
credit facilities and the United States Private Placements. The intent of Canon
and Océ to refinance Océ's debt
has been announced on various occasions prior to the completion of Canon's offer
on Océ's ordinary shares.

The refinancing does not include financial covenants or commitment fees and is
at more favorable interest margins
than the aforementioned facilities.

As a consequence of the refinancing, Océ's second quarter earnings will include
EUR 40 million one-off finance expenses.
In addition, as a consequence of the change of control, also other substantial
one-off items will be recorded in Océ's quarterly earnings.

Océ N.V.
19 May 2010

For further information:
Océ N.V.:
Investor Relations:
Carlo Schaeken
Vice President Investor Relations
Telephone +31 (0)77 359 2240
Emailinvestor(at)oce.com

Media Relations:
Jan Hol
Senior Vice President Communications
Telephone +31 (0)77 359 2000
Emailjan.hol(at)oce.com

For more information on Océ, visit the company's website: www.investor.oce.com




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Datum: 19.05.2010 - 17:09 Uhr
Sprache: Deutsch
News-ID 21172
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