EANS-News
Semperit AG Holding Successfully Places EUR 125 Million Corporate Schuldschein Loan (with photo)
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Company Information
Wien (euro adhoc) - Semperit AG Holding has successfully placed a
corporate Schuldschein loan to the amount of EUR 125 million. The
issue consists of tranches with five, seven and ten years maturity.
The weighted average interest rate of the corporate Schuldschein loan
is 2.35%. Based on an initial amount of EUR 75 million the
transaction was subscribed five-fold. It was not only placed in
Austria and Germany but also in other European and non-European
countries, especially in Asia. The proceeds will be used to refinance
liabilities incurred in connection with the acquisition of Latexx
Partners, Malaysia, in the previous year. In addition, the cash
inflow will also be used to implement the on-going growth programme
of the Semperit Group.
"The issuing of the corporate Schuldschein loan represents an
important step towards the diversification and further optimisation
of the Group's financing. By issuing the Schuldschein we are taking
advantage of the on-going attractive interest rate level, especially
with respect to the long tenures, and are thus preparing for further
growth steps", says Johannes Schmidt-Schultes, Chief Financial
Officer of Semperit. "The favourable interest rates of the
Schuldschein reflect our solid balance sheet structure and the strong
cash flow of Semperit", he adds.
At the end of the first quarter of 2013, Semperit had a positive net
liquidity of EUR 33 million and boasted an equity ratio of 51.7%
(incl. non-controlling interests) of the balance sheet total.
About Semperit The publicly listed Semperit AG Holding is an
internationally-oriented group that develops, produces, and sells
highly specialised rubber and plastic products for the medical and
industrial sectors: examination and surgical gloves, hydraulic and
industrial hoses, conveyor belts, escalator handrails, construction
profiles, cable car rings, and products for railway superstructures.
The headquarters of this long-standing Austrian company, which was
founded in 1824, are located in Vienna, and the global R & D centre
is in Wimpassing, Lower Austria. The Semperit Group employs more than
10,000 people worldwide, including more than 7,000 in Asia and more
than 700 in Austria. The group has 22 manufacturing facilities
worldwide and numerous sales offices in Europe, Asia, and America. In
2012, the group generated revenue of EUR 829 million and an EBITDA of
EUR 109 million.
Pictures with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/us/tEWTQZS5
Further inquiry note:
Martina Büchele
Head of Group Communications
Tel.: +43 676 8715 8621
martina.buechele@semperitgroup.com
Stefan Marin
Investor Relations
Tel.: +43 676 8715 8210
stefan.marin@semperitgroup.com
www.semperitgroup.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
Pictures with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/us/tEWTQZS5
company: Semperit AG Holding
Modecenterstrasse 22
A-1030 Wien
phone: +43 1 79 777-210
FAX: +43 1 79 777-602
mail: investor@semperitgroup.com
WWW: www.semperitgroup.com
sector: Synthetics & Plastics
ISIN: AT0000785555
indexes: WBI, ViDX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien, stock market: Stuttgart,
Frankfurt
language: English
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Company Information
Wien (euro adhoc) - Semperit AG Holding has successfully placed a
corporate Schuldschein loan to the amount of EUR 125 million. The
issue consists of tranches with five, seven and ten years maturity.
The weighted average interest rate of the corporate Schuldschein loan
is 2.35%. Based on an initial amount of EUR 75 million the
transaction was subscribed five-fold. It was not only placed in
Austria and Germany but also in other European and non-European
countries, especially in Asia. The proceeds will be used to refinance
liabilities incurred in connection with the acquisition of Latexx
Partners, Malaysia, in the previous year. In addition, the cash
inflow will also be used to implement the on-going growth programme
of the Semperit Group.
"The issuing of the corporate Schuldschein loan represents an
important step towards the diversification and further optimisation
of the Group's financing. By issuing the Schuldschein we are taking
advantage of the on-going attractive interest rate level, especially
with respect to the long tenures, and are thus preparing for further
growth steps", says Johannes Schmidt-Schultes, Chief Financial
Officer of Semperit. "The favourable interest rates of the
Schuldschein reflect our solid balance sheet structure and the strong
cash flow of Semperit", he adds.
At the end of the first quarter of 2013, Semperit had a positive net
liquidity of EUR 33 million and boasted an equity ratio of 51.7%
(incl. non-controlling interests) of the balance sheet total.
About Semperit The publicly listed Semperit AG Holding is an
internationally-oriented group that develops, produces, and sells
highly specialised rubber and plastic products for the medical and
industrial sectors: examination and surgical gloves, hydraulic and
industrial hoses, conveyor belts, escalator handrails, construction
profiles, cable car rings, and products for railway superstructures.
The headquarters of this long-standing Austrian company, which was
founded in 1824, are located in Vienna, and the global R & D centre
is in Wimpassing, Lower Austria. The Semperit Group employs more than
10,000 people worldwide, including more than 7,000 in Asia and more
than 700 in Austria. The group has 22 manufacturing facilities
worldwide and numerous sales offices in Europe, Asia, and America. In
2012, the group generated revenue of EUR 829 million and an EBITDA of
EUR 109 million.
Pictures with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/us/tEWTQZS5
Further inquiry note:
Martina Büchele
Head of Group Communications
Tel.: +43 676 8715 8621
martina.buechele@semperitgroup.com
Stefan Marin
Investor Relations
Tel.: +43 676 8715 8210
stefan.marin@semperitgroup.com
www.semperitgroup.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
Pictures with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/us/tEWTQZS5
company: Semperit AG Holding
Modecenterstrasse 22
A-1030 Wien
phone: +43 1 79 777-210
FAX: +43 1 79 777-602
mail: investor@semperitgroup.com
WWW: www.semperitgroup.com
sector: Synthetics & Plastics
ISIN: AT0000785555
indexes: WBI, ViDX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien, stock market: Stuttgart,
Frankfurt
language: English
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