Linde launches EUR 600mn bond
(Thomson Reuters ONE) -
Linde AG /
Linde launches EUR 600mn bond
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Munich, 25 May 2011 - Linde Finance BV, guaranteed by Linde AG (A3 stable/A-
stable) has today successfully placed EUR 600mn of senior notes in a 10 year
maturity. The bond with a coupon of 3.875%, issued under the recently updated
EMTN program, was priced at plus 60 basis points over MidSwaps. The transaction
was four times oversubscribed with a huge demand from high quality institutional
and retail intermediaries. The proceeds from the transaction will be used for
the refinancing of the debt tender announced on the 16 May, 2011 for the EUR
1bn 4.375% Notes due 2012 and the EUR 300m 5.375% Notes due 2013 as well as
general corporate purposes.
"With this transaction we further extend our debt maturity profile at attractive
funding levels," said Georg Denoke, member of the Executive Board and CFO of
Linde AG.
The Linde Group is a world-leading gases and engineering company with around
48,700 employees in more than 100 countries worldwide. In the 2010 financial
year, it achieved sales of EUR 12.868 bn. The strategy of The Linde Group is
geared towards sustainable earnings-based 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. Linde 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 http://www.linde.com
Further information:
Press Investor Relations
Uwe Wolfinger Dr Dominik Heger
Telephone: +49.89.35757-1320 Telephone: +49.89.35757-1334
Treasury Linde AG Thomas Eisenlohr
Dr Sven Schneider Telephone: +49.89.35757-1330
Telephone: +49.89.35757-1600
Stefan Hess
Telephone: +49.89.35757-1610
Linde Finance BV
Nico Limmen
Telephone: +31.20.30138-03
--- End of Message ---
Linde AG
Klosterhofstrasse 1 Munich Germany
WKN: 648300;ISIN: DE0006483001;Index:Prime All Share,HDAX,DAX,CDAX;
Listed: Freiverkehr in Niedersächsische Börse zu Hannover,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse,
Regulierter Markt in Börse Stuttgart,
Regulierter Markt in Bayerische Börse München,
Regulierter Markt in Börse Berlin,
Regulierter Markt in Hanseatische Wertpapierbörse zu Hamburg,
Regulierter Markt in Börse Düsseldorf;
Press Release as PDF:
http://hugin.info/125064/R/1518771/455392.pdf
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originality of the information contained therein.
Source: Linde AG via Thomson Reuters ONE
[HUG#1518771]
Unternehmensinformation / Kurzprofil:
Datum: 25.05.2011 - 18:05 Uhr
Sprache: Deutsch
News-ID 55009
Anzahl Zeichen: 3710
contact information:
Town:
Munich
Kategorie:
Business News
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"Linde launches EUR 600mn bond"
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