MUNICH, GERMANY -- 11/04/09 --
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.
Copyright © Hugin AS 2009. All rights reserved.
For additional information:
Press
Uwe Wolfinger
Telephone: +49.89.35757-1320
Investor Relations
Thomas Eisenlohr
Telephone: +49.89.35757-1330
