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 120 million Opernplatz 2 45128 Essen, Germany Tel.: +49 201 824-2642 Fax: +49 201 824-2585 [email protected] Offer oversubscribed in difficult market environment - Investors confirm Group’s excellent credit standing HOCHTIEF has successfully placed a promissory note loan on the market: The offer of an original EUR 100 million met with great interest on the part of national and international investors and was clearly oversubscribed. The loan amount was raised to a total of EUR 120.6 million. “The positive response from the investors in the midst of a difficult and volatile market environment shows that we continue to be perceived as a company with a very good credit standing", says Peter Sassenfeld, member of the Executive Board and CFO of HOCHTIEF. With this loan, according to Sassenfeld, the Group reinforces its long-term financing capacities and the further operative development. The loan has a term of five years. Interest is well below the level of the last few years and was kept within the targeted bandwidth of conditions. The proceeds of the issue will be fully used to refinance a promissory note loan from 2009 which HOCHTIEF terminated early for reasons related to loan conditions. The issue was arranged by Westdeutsche Landesbank AG, Düsseldorf. HOCHTIEF Aktiengesellschaft , Sitz der Gesellschaft: Essen, Registergericht: Essen HRB 279, USt-IdNR. DE 1198 171 25, StNr. 5112/5710/0012, Vorsitzender des Aufsichtsrates: Manfred Wennemer; Vorstand: Dr. jur. Frank Stieler (Vorsitzender), Prof. Dr.-Ing. Martin Rohr, Peter Sassenfeld page 1 11/30/2011