Dürr Aktiengesellschaft / Key word(s): Issue of DebtNov 30, 2010
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.
Dürr reopens its corporate bond with a second tranche of up to EUR 75millionBietigheim-Bissingen, November 30, 2010 - Dürr AG is reopening itsunsubordinated bond issued in September 2010 with a second tranche of up toEUR 75 million, increasing the total nominal volume outstanding to up toEUR 225 million. The coupon of 7.25%, the term to September 2015 and theprivate investor-friendly denomination of EUR 1,000 remain unchanged forthe new tranche. Dürr AG's management board has fixed the issue price todayat 104.9%. That is a discount of 3.4 percentage points to the bond'saverage market price over the past weeks (108.3%). The offering period isfrom December 6 until at the latest December 17, 2010.Investors can purchase the second tranche on the Stuttgart Stock Exchangeas from December 6, 2010 through their bank. Additionally, institutionalinvestors can place their purchase orders through Close Brothers SeydlerBank AG (Frankfurt/M.), which is assisting with the issue. The otherwisecustomary, elaborate subscription procedure for bond issues is beingdispensed with; orders from retail and institutional investors will receiveequal treatment.For technical reasons, the second tranche is being issued temporarily withan own WKN number (A1EWNJ) and own ISIN number (DE000A1EWNJ6). These twonumbers are expected to expire on January 14, 2011. It will then tradeunder the same WKN number (A1EWGX) and ISIN number (DE000A1EWGX1) as thebonds issued in September 2010.In reopening the issue, Dürr wants to take advantage of the strong interestin its bond and the favourable conditions prevailing on the market forcorporate bonds. The group intends to use the proceeds from the secondtranche primarily for expanding its business in environmental and energytechnology and to strengthen the core business. Dürr is currently reviewingvarious acquisition possibilities. In addition, the credit lines of thesyndicated loan are to be reduced.Dürr AGGünter DielmannCorporate Communications & Investor RelationsPhone +49 7142 78-1785Fax +49 7142 78-1716 Email corpcom@durr.com30.11.2010 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de
Language: EnglishCompany: Dürr Aktiengesellschaft Carl-Benz-Str. 34 74321 Bietigheim-Bissingen DeutschlandPhone: 07142 78-1785Fax: 07142 78-1716E-mail: investor.relations@durr.comInternet: www.durr.comISIN: DE0005565204WKN: 556520Indices: SDAXListed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Hamburg, München, Düsseldorf, Berlin, Hannover End of Announcement DGAP News-Service