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    Clariant AG  428  0 Kommentare Clariant successfully places EUR 300 million of certificates of indebtedness

    Clariant AG / Clariant AG: Clariant successfully places EUR 300 million of certificates of indebtedness . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

    Muttenz, April 26, 2016 - Clariant, a world leader in specialty chemicals, announced today the issuance of in aggregate EUR 300 million of debt in the German market for certificates of indebtedness ("Schuldschein"). The four certificates have terms of 4.5 years (EUR 156.5 million with a fixed coupon and EUR 55.5 million with a floating coupon), 7 years (EUR 73.5 million with a fixed coupon) and 10 years (EUR 14.5 million with a fixed coupon).

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    The interest to be paid for the certificates of indebtedness is based on six-month Euribor (variable tranche) or mid-swap (fixed tranche), respectively, plus a credit margin premium (spread). Total fixed interest costs per tranche are between 1.012 % and 2.01 % p.a.

    With the issuance of these certificates Clariant has further improved its debt maturity profile. The proceeds will be used for general corporate and refinancing purposes.

    Joint arrangers of the issue were Landesbank Baden-Württemberg and Landesbank Hessen-Thüringen Girozentrale.

     

    Corporate Media Relations
    Investor Relations
    Carsten Seum

    Phone +41 61 469 63 63
    carsten.seum@clariant.com
    Anja Pomrehn

    Phone +41 61 469 67 45
    anja.pomrehn@clariant.com
    Claudia Kamensky

    Phone +41 61 469 63 63
    claudia.kamensky@clariant.com
    Steven Massheder

    Phone +41 61 469 68 58
    steven.massheder@clariant.com
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    www.clariant.com

     

     

    Clariant is a globally leading specialty chemicals company, based in Muttenz near Basel/Switzerland. On 31 December 2015 the company employed a total workforce of 17 213. In the financial year 2015, Clariant recorded sales of CHF 5.807 billion for its continuing businesses. The company reports in four business areas: Care Chemicals, Catalysis, Natural Resources, and Plastics & Coatings. Clariant's corporate strategy is based on five pillars: increase profitability, reposition portfolio, add value with sustainability, foster innovation and R&D, and intensify growth.




    This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
    The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
    Source: Clariant AG via Globenewswire

    HUG#2006484

    --- End of Message ---

    Clariant AG
    Rothausstrasse 61 Muttenz 1 Switzerland

    ISIN: CH0012142631;




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    Clariant AG Clariant successfully places EUR 300 million of certificates of indebtedness Clariant AG / Clariant AG: Clariant successfully places EUR 300 million of certificates of indebtedness . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement. …

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