Clariant AG : Clariant successfully places EUR 365 million of certificates of indebtedness
(Thomson Reuters ONE) -
Clariant AG /
Clariant AG : Clariant successfully places EUR 365 million of certificates of
indebtedness
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.
Muttenz, October 14, 2011 - Clariant, a world leader in specialty chemicals,
announced today the issuance of totally EUR 365 million in the German market for
certificates of indebtedness ("Schuldschein"). The four certificates have a term
of 3 years
(EUR 242 million) respectively 4.5 years (EUR 123 million) each with fix or
float coupons.
The interest to be paid for the certificates of indebtedness is based on six
months Euribor (variable tranche) or mid-swap (fixed tranche), respectively,
plus a credit margin premium (spread). Total interest costs per tranche are
between 3.85% and 4.35% p.a. at present.
Following the emission of two Swiss franc bonds since May of 2011 - CHF 200
million maturing in 2015 and CHF 100 million maturing in 2017 - Clariant has
further improved its maturity profile with the emission of these certificates.
The proceeds are for general corporate purposes, specifically for the
optimization of both debt financing structure and maturity profile.
Joint arrangers of the very successful issue were Bayern LB and LB Hessen-
Thüringen.
- end -
Media Contacts Tel. E-mail
Ulrich Nies +41 61 469 6158 ulrich.nies(at)clariant.com
Stefanie Nehlsen +41 61 469 6363 stefanie.nehlsen(at)clariant.com
Investor Relations Contacts Tel. E-Mail
Ulrich Steiner +41 61 469 6745 ulrich.steiner(at)clariant.com
Siegfried Schwirzer +41 61 469 6749 siegfried.schwirzer(at)clariant.com
--- End of Message ---
Clariant AG
Rothausstrasse 61 Muttenz 1 Switzerland
ISIN: CH0012142631;
Press Release english:
http://hugin.info/100166/R/1554816/479383.pdf
Press Release deutsch:
http://hugin.info/100166/R/1554816/479384.pdf
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Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Clariant AG via Thomson Reuters ONE
[HUG#1554816]
Unternehmensinformation / Kurzprofil:
Datum: 14.10.2011 - 07:00 Uhr
Sprache: Deutsch
News-ID 76144
Anzahl Zeichen: 2885
contact information:
Town:
Muttenz 1
Kategorie:
Business News
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