Linde AG
frankfurt : LIN

May 25, 2011 12:10 ET

Linde launches EUR 600mn bond

MUNICH, GERMANY--(Marketwire - May 25, 2011) -

Linde AG / Linde launches EUR 600mn bond . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Munich, 25 May 2011 - Linde Finance BV, guaranteed by Linde AG (A3 stable/A- stable) has today successfully placed EUR 600mn of senior notes in a 10 year maturity. The bond with a coupon of 3.875%, issued under the recently updated EMTN program, was priced at plus 60 basis points over MidSwaps. The transaction was four times oversubscribed with a huge demand from high quality institutional and retail intermediaries. The proceeds from the transaction will be used for the refinancing of the debt tender announced on the 16 May, 2011 for the EUR 1bn 4.375% Notes due 2012 and the EUR 300m 5.375% Notes due 2013 as well as general corporate purposes.

"With this transaction we further extend our debt maturity profile at attractive funding levels," said Georg Denoke, member of the Executive Board and CFO of Linde AG.

The Linde Group is a world-leading gases and engineering company with around 48,700 employees in more than 100 countries worldwide. In the 2010 financial year, it achieved sales of EUR 12.868 bn. 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





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Linde AG Klosterhofstrasse 1 Munich Germany

WKN: 648300;ISIN: DE0006483001;Index:Prime All Share,HDAX,DAX,CDAX; Listed: Freiverkehr in Niedersächsische Börse zu Hannover, Prime Standard in Frankfurter Wertpapierbörse, Regulierter Markt in Frankfurter Wertpapierbörse, Regulierter Markt in Börse Stuttgart, Regulierter Markt in Bayerische Börse München, Regulierter Markt in Börse Berlin, Regulierter Markt in Hanseatische Wertpapierbörse zu Hamburg, Regulierter Markt in Börse Düsseldorf;


Press Release as PDF: http://hugin.info/125064/R/1518771/455392.pdf




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Source: Linde AG via Thomson Reuters ONE

[HUG#1518771]

Contact Information

  • Further information:

    Press
    Uwe Wolfinger
    Telephone: +49.89.35757-1320


    Investor Relations
    Dr Dominik Heger
    Telephone: +49.89.35757-1334

    Treasury Linde AG
    Dr Sven Schneider
    Telephone: +49.89.35757-1600

    Thomas Eisenlohr
    Telephone: +49.89.35757-1330

    Stefan Hess
    Telephone: +49.89.35757-1610

    Linde Finance BV
    Nico Limmen
    Telephone: +31.20.30138-03