Linde AG : launches EUR 500 mn bond
05/30/2012| 10:10am US/Eastern
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Linde AG /
Linde launches EUR 500 mn bond
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The issuer is solely responsible for the content of this announcement.
Munich, 30 May 2012 - Linde Finance BV, guaranteed by Linde AG (A stable/A3 stable) has today successfully placed EUR 500 mn of senior notes in a 7 year maturity. The bond with a coupon of 1.75 %, issued under the EUR 10 bn EMTN program, was priced at 35 basis points over MidSwaps. The transaction was more than 5 times oversubscribed with a huge demand from high quality institutional investors and retail intermediaries. The proceeds from the transaction will be used for general corporate purposes.
"Despite a volatile market environment we achieved very favourable financing terms", said Georg Denoke, member of the Executive Board and CFO of Linde AG. "Our high reputation among investors, which has granted us these terms, is confirmed by the recent rating upgrade by Standard & Poor's from A- to A."
The Linde Group is a world-leading gases and engineering company with around 50,500 employees in more than 100 countries worldwide. In the 2011 financial year, it generated revenue of EUR 13.787 bn. The strategy of The Linde 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 Group 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:
http://www.linde.com/
Further information:
Media
Uwe Wolfinger
Telephone: +49.89.35757-1320
Treasury Linde AG
Dr Sven Schneider
Telephone: +49.89.35757-1600
Stefan Hess
Telephone: +49.89.35757-1610 | Investor Relations
Dr Dominik Heger
Telephone: +49.89.35757-1334
Lisa Tilmann
Telephone: +49.89.35757-1334
Linde Finance BV
Micha Glaser
Telephone: +31.20.30138-03 |
Press Release as PDF:
http://hugin.info/125064/R/1616019/515275.pdf
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Source: Linde AG via Thomson Reuters ONE
HUG#1616019
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