Linde launches Eurodollar-bond

Mittwoch, 04.11.2009 17:20 von Hugin - Aufrufe: 797

Munich, 4 November 2009 - Today, Linde Finance B.V., guaranteed by
Linde Aktiengesellschaft, issued a 5-year USD 400 million
Eurodollar-bond. Proceeds will be used to refinance existing USD
liabilities of Linde and to further improve its maturity profile. The
bond, which is due 13 November 2014, pays a coupon of 3.625 percent.
With this well received debut transaction on the Eurodollar-market
Linde continues its successful funding strategy of utilising a broad
range of funding sources and instruments. "With our global business
set-up we own a significant asset base in USD", said Georg Denoke,
CFO of Linde AG. "We are taking opportunity of the attractive
conditions in the Eurodollar-market to diversify our financing
structure accordingly."
 
Joint Bookrunners were HSBC and Morgan Stanley. Linde is rated Baa1
(stable) by Moody's and BBB+ (positive) by S&P. The transaction has
been launched under Linde's Debt Issuance Programme. The bond has the
following ISIN XS 0465484938 and will be listed on the Luxembourg
Stock Exchange.
 
The Linde Group is a world leading gases and engineering company with
almost 50,000 employees working in around 100 countries worldwide. In
the 2008 financial year it achieved sales of EUR 12.7 billion. The
strategy of The Linde Group is geared towards sustainable
earnings-based 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. Linde 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
 
For additional information:
 
Press Investor Relations
Uwe Wolfinger Thomas Eisenlohr
Telephone: +49.89.35757-1320 Telephone: +49.89.35757-1330
 
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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