Dürr AG — Capital/Financing Update 2010

Nov 30, 2010

News Details

Ad-hoc | 30 November 2010 17:24

Dürr Aktiengesellschaft: Dürr reopens its corporate bond with a second tranche of up to EUR 75 million

Dürr Aktiengesellschaft / Key word(s): Issue of Debt

30.11.2010 17:24

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Dürr reopens its corporate bond with a second tranche of up to EUR 75
million

Bietigheim-Bissingen, November 30, 2010 - Dürr AG is reopening its
unsubordinated bond issued in September 2010 with a second tranche of up to
EUR 75 million, increasing the total nominal volume outstanding to up to
EUR 225 million. The coupon of 7.25%, the term to September 2015 and the
private investor-friendly denomination of EUR 1,000 remain unchanged for
the new tranche. Dürr AG's management board has fixed the issue price today
at 104.9%. That is a discount of 3.4 percentage points to the bond's
average market price over the past weeks (108.3%). The offering period is
from December 6 until at the latest December 17, 2010.

Investors can purchase the second tranche on the Stuttgart Stock Exchange
as from December 6, 2010 through their bank. Additionally, institutional
investors can place their purchase orders through Close Brothers Seydler
Bank AG (Frankfurt/M.), which is assisting with the issue. The otherwise
customary, elaborate subscription procedure for bond issues is being
dispensed with; orders from retail and institutional investors will receive
equal treatment.

For technical reasons, the second tranche is being issued temporarily with
an own WKN number (A1EWNJ) and own ISIN number (DE000A1EWNJ6). These two
numbers are expected to expire on January 14, 2011. It will then trade
under the same WKN number (A1EWGX) and ISIN number (DE000A1EWGX1) as the
bonds issued in September 2010.

In reopening the issue, Dürr wants to take advantage of the strong interest
in its bond and the favourable conditions prevailing on the market for
corporate bonds. The group intends to use the proceeds from the second
tranche primarily for expanding its business in environmental and energy
technology and to strengthen the core business. Dürr is currently reviewing
various acquisition possibilities. In addition, the credit lines of the
syndicated loan are to be reduced.

Dürr AG
Günter Dielmann
Corporate Communications & Investor Relations
Phone +49 7142 78-1785
Fax +49 7142 78-1716
Email corpcom@durr.com

30.11.2010 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language: English
Company: Dürr Aktiengesellschaft
Carl-Benz-Str. 34
74321 Bietigheim-Bissingen
Deutschland
Phone: 07142 78-1785
Fax: 07142 78-1716
E-mail: investor.relations@durr.com
Internet: www.durr.com
ISIN: DE0005565204
WKN: 556520
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Hamburg, München, Düsseldorf, Berlin, Hannover

End of Announcement DGAP News-Service

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