press release as pdf file

Press information
CORPORATE
COMMUNICATIONS
Christian Gerhardus
HOCHTIEF successfully places
promissory note loan for EUR 240 million
Opernplatz 2
45128 Essen, Germany
Tel.: +49 201 824-2642
Fax: +49 201 824-2585
[email protected]
Offer well oversigned despite volatile market environment - Large investor
interest confirms Group’s excellent credit standing
HOCHTIEF successfully placed a new promissory note loan in the market today: The offer of
an original EUR 100 million met with great interest among national and international
investors and was eventually oversigned by more than 100 percent. In this way, the loan
amount was increased to a total of EUR 240 million. "The investors’ extremely positive
reaction in the midst of a rather volatile market environment shows that we continue to be
perceived unchanged as a company with a first-class credit standing", says Dr. Burkhard
Lohr, Executive Board member and CFO of HOCHTIEF. With the loan, Lohr adds, the Group
strengthens its long-term financing capacities and further operative development.
The loan has a five-year term. The coupon is at the lower end of the offered bandwidth of
conditions. Part of the issuing proceeds is planned to be used for refinancing existing
liabilities. The successful placement - 75 percent of which with foreign investors - enabled
the Group’s lenders to be expanded once more. The placement was arranged by HSBC
Trinkaus & Burkhardt and Norddeutsche Landesbank Girozentrale.
HOCHTIEF Aktiengesellschaft , Sitz der Gesellschaft: Essen, Registergericht: Essen HRB 279, USt-IdNR. DE 1198 171 25, StNr. 5112/5710/0012,
Vorsitzender des Aufsichtsrates: Detlev Bremkamp; Vorstand: Dr.-Ing. Herbert Lütkestratkötter (Vorsitzender),
Dr. rer. pol. Burkhard Lohr, Dr. rer. pol. Peter Noé, Prof. Dr.-Ing. Martin Rohr, Dr. jur. Frank Stieler
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05/26/2010