Gerresheimer Issues a EUR 300 Million Corporate Bond

DÜSSELDORF, Germany, May 12, 2011 /PRNewswire/ -- Gerresheimer AG today successfully placed a EUR 300 million corporate bond. The bond (ISIN XS0626028566) with a term of seven years has an interest rate of 5.00 percent, the issue price is 99.40. Due to the high amount of interest from institutional investors and retail intermediaries all over Europe the bond was over-subscribed several times.

The proceeds from the bond will be used to repay existing bank debt and for general corporate financing purposes. The bond's listing on the Luxembourg Stock Exchange is scheduled for May 19, 2011. Commerz­bank, Deutsche Bank, Royal Bank of Scotland and UniCredit, were joint lead managers of the transaction.

"The successful bond issuance confirms how attractive our business model is to the capital markets. With this we have a long-term and balanced financing structure in place", commented Hans-Jürgen Wiecha, CFO of Gerresheimer AG.

The placement of the bond concludes the refinancing process that Gerresheimer commenced early at the beginning of March 2011 on the back of the positive market environment and the rating agencies' upgrade of its rating.

    
    Gerresheimer AG
    Benrather Strasse 18 - 20
    40213 Düsseldorf
    Germany

    Jens Kürten
    Director Corporate Communication & Marketing
    Telephone +49-211-6181-250
    Fax +49-211-6181-241
    E-Mail j.kuerten@gerresheimer.com

Internet http://www.gerresheimer.com