DGAP-News: KUKA Aktiengesellschaft: KUKA issues a convertible bond worth EUR 58.8 mil-lion
(firmenpresse) - DGAP-News: KUKA Aktiengesellschaft / Key word(s): Issue of Debt
KUKA Aktiengesellschaft: KUKA issues a convertible bond worth EUR 58.8
mil-lion
06.02.2013 / 15:36
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KUKA Aktiengesellschaft
Public Relations
Dr. Gert Butter
Leiter Public Relations
Phone +49 821 797 5335
Fax +49 821 797 5333
PR(at)kuka.com
www.kuka.com
Press Release
KUKA issues a convertible bond worth EUR 58.8 million
- Aggregate principal amount: EUR 58.8 million
- Term: 5 years until February 2018
- Interest rate: 2.00 %
Augsburg, 6 February 2013 - KUKA Aktiengesellschaft announces the
successful issuance of convertible bonds maturing in February 2018 with an
aggregate principal amount of EUR 58.8 million. The convertible bonds are
initially convertible into approx. 1.59 million new, ordinary no par value
bearer shares of KUKA AG. The pre-emptive rights of KUKA's existing
shareholders have been excluded. The proceeds from the issuance of the
convertible bond shall serve to optimize KUKA's balance sheet in the medium
term, as well as to increase its financial flexibility.
CEO Dr. Till Reuter: 'The convertible bond was placed within a few hours
and significantly oversubscribed. This is proof of investors' confidence in
our company. The enhancement of the financing portfolio resulting from the
issuance of the convertible bonds will sustainably improve the structure
and the cost of KUKA's financing.'
The convertible bonds have an annual interest rate of 2,00 %. The initial
conversion price is EUR 36.8067 which represents a conversion premium of
26,0 % above the applicable reference share price.
The convertible bonds have been offered solely to institutional investors
outside of the United States of America, Canada, Australia and Japan via a
private placement. The convertible bonds are expected to be issued by KUKA
AG on or around February 12, 2013 and are to be included to trading on the
non-regulated open market segment (Freiverkehr) of the Frankfurt Stock
Exchange.
Goldman Sachs International, Joh. Berenberg, Gossler&Co. KG and UniCredit
Bank AG acted as Joint Bookrunners.
NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA,
AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR
SALES WOULD BE PROHIBITED BY APPLICABLE LAW
This announcement is for information purposes only and does not constitute
or form part of, and should not be construed as an offer or an invitation
to sell, or issue or the solicitation of any offer to buy or subscribe for,
any securities. In connection with this transaction there has not been, nor
will there be, any public offering of the convertible bonds. No prospectus
will be prepared in connection with the offering of the convertible bonds.
The convertible bonds may not be offered to the public in any jurisdiction
in circumstances which would require the Issuer of the convertible bonds to
prepare or register any prospectus or offering document relating to the
convertible bonds in such jurisdiction.
The distribution of this announcement and the offer and sale of the
convertible bonds in certain jurisdictions may be restricted by law. Any
persons reading this announcement should inform themselves of and observe
any such restrictions.
This announcement does not constitute an offer to sell or a solicitation of
an offer to purchase any securities in the United States. The securities
referred to herein (including the convertible bonds and the shares of KUKA
Aktiengesellschaft to be delivered on conversion) have not been and will
not be registered under the U.S. Securities Act of 1933, as amended (the
'Securities Act') or the laws of any state within the U.S., and may not be
offered or sold in the United States, except in a transaction not subject
to, or pursuant to an applicable exemption from the registration
requirements of the Securities Act or any state securities laws. This
announcement and the information contained herein may not be distributed or
sent into the United States, or in any other jurisdiction in which offers
or sales of the securities described herein would be prohibited by
applicable laws and should not be distributed to publications with a
general circulation in the United States. The convertible bonds are being
offered and sold outside the United States only in reliance on Regulation S
under the Securities Act. No offering of the convertible bonds is being
made in the United States.
In the United Kingdom, this announcement is only being distributed to and
is only directed at (i) persons who have professional experience in matters
relating to investments falling within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the
'Order') and (ii) high net worth entities falling within Article 49(2) of
the Order and (iii) persons to whom it would otherwise be lawful to
distribute it (all such persons together being referred to as 'relevant
persons'). The convertible bonds are only available to relevant persons,
and any invitation, offer or agreement to subscribe, purchase or otherwise
acquire such securities will be engaged in only with relevant persons. Any
person who is not a relevant person should not act or rely on this
announcement or any of its contents.
End of Corporate News
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06.02.2013 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
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Language: English
Company: KUKA Aktiengesellschaft
Postfach 43 12 69
86072 Augsburg
Germany
Phone: +49 (0)821 797 - 0
Fax: +49 (0)821 7975 - 333
E-mail: IR(at)kuka.com
Internet: www.kuka.com
ISIN: DE0006204407
WKN: 620440
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
Stuttgart
End of News DGAP News-Service
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