BAUER : implements new financing concept

Schrobenhausen - In mid-April the BAUER Group successfully implemented a new long-term financing concept, which was based on a three-year syndicated loan providing a EUR 450 million credit facility concluded with the company's main bankers led by the two coordinating institutions Deutsche Bank AG and UniCredit Bank AG. The syndicated loan replaces most of the company's existing short-term financing arrangements.

"The syndicated loan improves our financing structure, providing financial stability to the business and so safeguarding our long-term growth opportunities," comments Prof. Thomas Bauer, Chairman of the Management Board of BAUER Aktiengesellschaft.

About Bauer

Bauer is a provider of services, machinery and products for ground and groundwater. The Group markets its products and services all over the world. Its global spread allows it to remain largely unaffected by fluctuating business cycles.

The operations of the Group are divided into three segments: Construction, Equipment and Resources. The Construction segment carries out specialist foundation engineering work for complex excavation pits and foundations on major infrastructure and building projects all over the world, installing cut-off walls and carrying out ground improvement works as well as providing related project development services. Bauer's Equipment segment, a world market leader, offers a comprehensive range of construction machinery, equipment and tools for the specialist foundation engineering sector as well as for other underground drilling operations, such as for mines, water wells, geothermal energy sources, and oil and gas extraction. The Resources segment pools the Group's activities in the fields of water, energy, mineral resources and environmental technology.

Bauer profits greatly from the collaboration between its three separate segments, enabling the Group to position itself as an innovative, highly specialized provider of complete solutions and services for demanding projects on the specialist foundation engineering and related markets.

Founded in 1790, Bauer today generates around three quarters of its total revenues outside of Germany. Employing some 10,300 people, the Group's total revenues in 2013 were approximately EUR 1.5 billion (previous year: EUR 1.44 billion). BAUER Aktiengesellschaft has been listed on the official market of the Frankfurt Stock Exchange since July 4, 2006 (Prime Standard, ISIN DE0005168108).