Semperit AG Holding Successfully Places EUR 125 Million Corporate Schuldschein Loan

Vienna, Austria, 18 July 2013 – Semperit AG Holding has successfully placed a corporate Schuldschein loan in the amount of EUR 125 million. The issue consists of tranches with five, seven and ten years maturity. The weighted average interest rate of the corporate Schuldschein loan is 2.35%. Based on an initial amount of EUR 75 million the transaction was subscribed five-fold. It was not only placed in Austria and Germany but also in other European and non-European countries, especially in Asia. The proceeds will be used to refinance liabilities incurred in connection with the acquisition of Latexx Partners, Malaysia, in the previous year. In addition, the cash inflow will also be used to implement the on-going growth programme of the Semperit Group.

“The issuing of the corporate Schuldschein loan represents an important step towards the diversification and further optimisation of the Group’s financing. By issuing the Schuldschein we are taking advantage of the on-going attractive interest rate level, especially with respect to the long tenures, and are thus preparing for further growth steps”, says Johannes Schmidt-Schultes, Chief Financial Officer of Semperit. “The favourable interest rates of the Schuldschein reflect our solid balance sheet structure and the strong cash flow of Semperit“, he adds.

At the end of the first quarter of 2013, Semperit had a positive net liquidity of EUR 33 million and boasted an equity ratio of 51.7% (incl. non-controlling interests) of the balance sheet total.

About Semperit

The publicly listed Semperit AG Holding is an internationally-oriented group that develops, produces, and sells highly specialised rubber and plastic products for the medical and industrial sectors: examination and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator handrails, construction profiles, cable car rings, and products for railway superstructures. The headquarters of this long-standing Austrian company, which was founded in 1824, are located in Vienna, and the global R & D centre is in Wimpassing, Lower Austria. The Semperit Group employs more than 10,000 people worldwide, including more than 7,000 in Asia and more than 700 in Austria. The group has 22 manufacturing facilities worldwide and numerous sales offices in Europe, Asia, and America. In 2012, the group generated revenue of EUR 829 million and an EBITDA of EUR 109 million.