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Mersen Capital/Financing Update 2013

Sep 12, 2013

1518_iss_2013-09-12_b2287cc3-879b-4b32-b19d-4aa25e7a7c2d.pdf

Capital/Financing Update

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Mersen successfully refinances its credit facilities in China

Paris, September 12, 2013 - Mersen (Euronext FR0000039620 – MRN), a global expert in materials and equipment for extreme environments and for the safety and reliability of electrical equipment, is announcing that it has finalized the refinancing in China of the committed credit facilities due to expire between September 2014 and February 2015 by arranging local committed bank credit lines with a total value of RMB525 million or around €65 million.

These credit lines were arranged with leading international banks. They consist of:

a committed 5-year syndicated loan of RMB200 million repayable at maturity.
RMB325 million in 3-year bilateral facilities including options to extend maturity up to 5 years.

Mersen now has more than €400 million in committed credit facilities at its disposal and has drawn down around 50% of this amount. The average maturity of utilized credit facilities currently stands at close to 5 years.

This deal is part of the medium-term strategy to expand Mersen's activities in China, a country harboring strong growth potential in the Group's markets.

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About Mersen

Global expert in materials and solutions for extreme environments as well as in the safety and reliability of electrical equipment, Mersen designs innovative solutions to address its clients' specific needs to enable them to optimize their manufacturing process in sectors such as energy, transportation, electronics, chemical, pharmaceutical and process industries.

The Group is listed on NYSE Euronext Paris – Compartment B