press release as pdf file
Transcrição
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 page 1 05/26/2010