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19. June 2018

SCHMOLZ + BICKENBACH successfully placed EUR 150 million offering

THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF SCHMOLZ+BICKENBACH AG OR ANY OF ITS AFFILIATES. NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

 

Lucerne, June 19, 2018 – SCHMOLZ + BICKENBACH AG (the "Company") has successfully placed EUR 150 million 5.625% Senior Secured Notes (the "Notes") at a price of 101.5% of their face amount, plus accrued interest from January 15, 2018.

The EUR 150 million placement is an increase of the Company’s existing EUR 200 million Notes issued in April 2017, having the same terms as, and forming a single series with those Notes. The Notes will be issued by the Company’s subsidiary SCHMOLZ + BICKENBACH Luxembourg Finance S.A. and mature on July 15, 2022. The closing of the Offering of the Notes is expected to take place on June 25, 2018.