EANS-News

ams AG / ams announces the successful pricing of additional EUR 200 million 6% senior notes due 2025 and of additional USD 50 million 7% senior notes due 2025

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Premstaetten - Premstaetten, Austria (13 July 2020) -- ams (SIX: AMS), a leading
worldwide supplier of high performance sensor solutions, announced today the
successful pricing of an additional EUR 200 million aggregate principal amount
of senior notes due 2025 at a coupon of 6.00% per annum at an issue price of
100.75% and implied 5.82% yield to maturity, and an additional USD 50 million
aggregate principal amount of senior notes due 2025 at a coupon of 7.00% per
annum at an issue price of 100.75% and implied 6.82% yield to maturity (the
"Additional Notes"), in connection with the acquisition of OSRAM Licht AG.

ams intends to use the proceeds from the offering of the Additional Notes for
general corporate purposes (including the refinancing of existing indebtedness)
and to pay certain fees and expenses related to the offering of the Additional
Notes. The offering of the Additional Notes is expected to close and the
Additional Notes are expected to be issued on or around 20 July 2020.
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Important notice:
This press release is for informational purposes only and does not constitute an
offer to sell or the solicitation of an offer to buy the Additional Notes, nor
shall it constitute an offer, solicitation or sale in any jurisdiction in which,
or to any person to whom, such offer, solicitation or sale would be unlawful.
The Additional Notes have not been and will not be registered under the U.S.
Securities Act of 1933 ("Securities Act") or the securities laws of any state of
the United States of America, and may not be offered or sold within the United
States of America or to, or for the account or benefit of U.S. persons (as
defined in Regulation S) or any persons. except pursuant to an applicable
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act. There will be no public offering of
Additional Notes in the United States of America.

This announcement does not constitute and shall not, in any circumstances,
constitute a public offering nor an invitation to the public in connection with
any offer within the meaning of European Prospectus Regulation (EU) 2017/1129
(the "Prospectus Regulation"). The offer and sale of the Additional Notes will