DGAP-News: Linde AG: Linde launches dual tranche bond transaction of EUR 650 m and USD 500 m
(firmenpresse) - DGAP-News: Linde AG / Key word(s): Bond
Linde AG: Linde launches dual tranche bond transaction of EUR 650 m
and USD 500 m
10.04.2013 / 16:37
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Linde launches dual tranche bond transaction of EUR 650 m and USD 500 m
Munich, 10 April 2013 - Linde AG (A stable/A3 stable) has today
successfully placed EUR 650 m and USD 500 m of senior notes with
respectively 10-year and 5-year maturities.
The euro denominated bond, with a coupon of 2.00 %, was priced at 45 basis
points over Euro-MidSwaps. The USD bond bears a coupon of 1.50 % and was
priced at 67 basis points over USD-MidSwaps.
Both transactions were issued under the EUR 10 bn EMTN programme and met
huge demand from high quality institutional investors as well as retail
intermediaries. The proceeds from the transaction will be used to repay the
remaining part of the syndicated loan that Linde arranged to finance the
acquisition of US homecare company Lincare Inc.
'This marks the successful conclusion of our refinancing of the Lincare
acquisition in the international capital markets,' said Georg Denoke,
member of the Executive Board and CFO of Linde AG. 'Our excellent
reputation among a wide range of investors and the beneficial general
market environment allowed us to secure financing under extremely
attractive conditions.'
The Linde Group is a world-leading gases and engineering company with
around 62,000 employees in more than 100 countries worldwide. In the 2012
financial year, Linde generated revenue of EUR 15.280 bn. The strategy of
the Group is geared towards long-term profitable growth and focuses on the
expansion of its international business with forward-looking products and
services. Linde acts responsibly towards its shareholders, business
partners, employees, society and the environment - in every one of its
business areas, regions and locations across the globe. The company is
committed to technologies and products that unite the goals of customer
value and sustainable development.
For more information, see The Linde Group online at www.linde.com.
Further information:
Media Relations Investor RelationsEnd of Corporate News
Uwe Wolfinger Dr Dominik Heger
Phone: +49.89.35757-1320 Phone: +49.89.35757-1334
Treasury Lisa Tilmann
Dr Sven Schneider Phone: 49.89.35757-1328
Phone: +49.89.35757-1600
Stefan Hess
Phone: +49.89.35757-1610
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10.04.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Linde AG
Klosterhofstraße 1
80331 München
Germany
Phone: +49.89.35757-01
Fax: +49.89.35757-1075
E-mail: info(at)linde.com
Internet: www.linde.de
ISIN: DE0006483001
WKN: 648300
Indices: DAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München, Stuttgart; Freiverkehr in
Hannover; Terminbörse EUREX; SIX
End of News DGAP News-Service
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206742 10.04.2013
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Datum: 10.04.2013 - 16:37 Uhr
Sprache: Deutsch
News-ID 247764
Anzahl Zeichen: 5367
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