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SGL CARBON SE Capital/Financing Update 2009

Jun 25, 2009

389_rns_2009-06-25_04f73e2e-8b1f-4ffe-987e-fad45825ef37.html

Capital/Financing Update

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News Details

Ad-hoc | 25 June 2009 13:57

SGL CARBON SE: SGL Carbon SE successfully placed convertible notes

SGL CARBON SE / Issue of Debt

Release 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.


Not for release, publication or distribution in or into the United States,
Australia, Canada or Japan
This notice is not a prospectus and, to the extent that it may constitute
an advertisement,
does not constitute an offer to sell or the solicitation of an offer to
purchase securities of SGL Carbon SE

· Coupon set at 3.50% with conversion premium of 30%
· Issue size EUR 190 million

Wiesbaden June 25, 2009. SGL Carbon SE successfully placed an aggregate
principal amount of EUR 190 million of its senior unsecured convertible
notes (the 'Convertible Notes') with domestic and international
institutional investors today, including anchor investors.

The term of the Convertible Notes will be 7 years. The initial conversion
price is set at EUR 29.39, representing a premium of 30% above the volume
weighted average price of the shares of SGL Carbon SE during the
bookbuilding period. The coupon on the Convertible Notes has been set at
3.50% p.a.

Settlement of the transaction will take place on or around June 30, 2009.

SGL Carbon SE envisages inclusion of the Convertible Notes to trading on
the Open Market (Freiverkehr) of the Frankfurt Stock Exchange.

ABN AMRO, Commerzbank and Morgan Stanley are acting as Joint Lead Managers
and Joint Bookrunners for the transaction. Landesbank Baden-Württemberg and
UniCredit Group (Bayerische Hypo- and Vereinsbank AG) are acting as Co-Lead
Managers.

SGL Group is planning to use the proceeds from the issue of the Convertible
Notes especially for accelerated expansion and investment plans in the
business area Advanced Materials as well as for general corporate purposes.


Information and Explaination of the Issuer to this News:

Important information:
This press release constitutes neither an offer to sell nor a solicitation
to buy any securities.
This press release is not being issued in the United States of America and
must not be distributed to publications with a general circulation in the
United States. This press release does not constitute an offer or
invitation to purchase any securities in the United States. The securities
of SGL Carbon SE have not been registered under the U.S. Securities Act of
1933, as amended (the 'Securities Act'), and may not be offered, sold or
delivered within the United States absent from registration under or an
applicable exemption from the registration requirements of the Securities
Act.
This document is directed only at persons (I) who are outside the United
Kingdom or (II) who have professional experience in matters relating to
investment falling within article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the
'Order') or (III) who fall within article 49(2)(A) to (D) ('high net worth
companies, unincorporated associations, etc.') of the Order (all such
persons together being referred to as 'relevant persons'). Any person who
is not a relevant person must not act or rely on this communication or any
of its contents. Any investment or investment activity to which this
communication relates is available only to relevant persons and will be
engaged in only with relevant persons.

Important note:
This press release contains statements on future developments that are
based on currently available information and that involve risks and
uncertainties that could lead to actual results deviating from these
forward-looking statements. The statements on future developments are not
to be understood as guarantees. The future developments and events are
dependent on a number of factors, they include various risks and
unanticipated circumstances and are based on assumptions that may not be
correct. These risks and uncertainties include, for example, unforeseeable
changes in political, economic and business conditions, particularly in the
area of electrosteel production, the competitive situation, interest rate
and currency developments, technological developments and other risks and
unanticipated circumstances. We see other risks in price developments,
unexpected developments relating to acquired and consolidated companies and
in the ongoing cost optimization programs. SGL Group does not intend to
update these forward-looking statements.

Unternehmenskommunikation / Tino Fritsch
Telefon +49 611 6029-105 / Telefax +49 611 6029-101 / Mobil +49 170 540
2667
E-mail: [email protected] / www.sglgroup.com

Investor Relations / Raj Roychowdhury
Telefon +49 611 6029-106 / Telefax +49 611 6029-101
E-mail: [email protected] / www.sglgroup.com
25.06.2009 Financial News transmitted by DGAP


Language: English
Issuer: SGL CARBON SE
Rheingaustraße 182
65203 Wiesbaden
Deutschland
Phone: +49 (0)611 6029 - 103
Fax: +49 (0)611 6029 - 101
E-mail: [email protected]
Internet: www.sglgroup.com
ISIN: DE0007235301
WKN: 723530
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart

End of News DGAP News-Service