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2018-05-09

NOT FOR DISTRIBUTION, PUBLICATION OR FORWARDING, DIRECTLY OR INDIRECTLY, TO OR IN THE U.S., CANADA, AUSTRALIA, JAPAN OR OTHER COUNTRIES IN WHICH SUCH PUBLICATION COULD BE UNLAWFUL

LANXESS successfully places corporate bond of EUR 500 million

Cologne The specialty chemicals company LANXESS has successfully placed a long-term euro bond with a coupon of 1.125 percent in the European capital market under the existing debt issuance program. LANXESS is using the funds primarily to refinance a bond that is maturing with a coupon of 4.125 percent.

The new euro bond with a volume of EUR 500 million has a term of seven years. It is listed on the Luxembourg Stock Exchange in denominations of EUR 1,000.

“In successfully placing the bond, we made use of the currently favorable market environment and secured attractive financing conditions in the long term,” said LANXESS CFO Michael Pontzen.

LANXESS' issuer ratings are currently BBB- (Standard&Poors), Baa3 (Moody's) and BBB (Scope).

A consortium comprising BBVA, Deutsche Bank, Helaba, Mizuho and Société Générale was mandated to place the bond.

 

Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.

Notice
‎This press release is not a public offer of securities in Germany. It may not be disseminated to or in the United States of America either directly or indirectly. This press release is not an offer to sell or an invitation to buy securities in the United States of America or in other jurisdictions in which an offer would be subject to legal restrictions. Securities may be sold or offered for purchase in the United States only after prior registration according to the current version of the U.S. Securities Act of 1933 (the “U.S. Securities Act”) or, without prior registration, only on the basis of an exemption. LANXESS AG securities mentioned herein are not and will not in the future be registered according to the U.S. Securities Act or the laws of individual states and therefore may not be offered or sold in the United States, unless they are offered and sold in accordance with an exemption from the registration requirements of the U.S. Securities Act or the laws of individual states or in a transaction that is not subject to these laws. LANXESS AG does not intend to register the offer or parts thereof in the United States of America or to carry out a public offer in the United States of America.


LANXESS is a leading specialty chemicals company with sales of EUR 9.7 billion in 2017 and about 19,200 employees in 25 countries. The company is currently represented at 74 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Through ARLANXEO, the joint venture with Saudi Aramco, LANXESS is also a leading supplier of synthetic rubber. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.

Контакт

Ingo Drechsler

Ingo Drechsler
Head of Corporate Media Europe, Middle East, Africa

Phone: +49 221 888 53790

Fax: +49 221 8885 4994

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