Umicore

Capital/Financing Update • May 18, 2017

Press release Regulated information 18 May 2017 - 08:30 CET

Umicore completes a € 360 million US Private Placement notes issue

Umicore has successfully completed a € 360 million US Private Placement notes issue ("US PP"). The offering attracted strong interest from institutional investors and was significantly oversubscribed. The transaction is composed of a 10-year tranche of € 160 million maturing in December 2027 and a 12-year tranche of € 200 million maturing in December 2029. The funds will be drawn upon in December of this year.

Through the combination of the recently announced € 330 million Schuldschein offering and this US PP, Umicore substantially diversifies and extends the maturity of its debt at attractive and fixed terms. The combined proceeds will be used to fund Umicore's strategic growth initiatives and refinance part of its existing debt.

J.P. Morgan Securities LLC and MUFG Securities Americas Inc. acted as Placement Agents on the transaction.

For more information

Investor Relations
Evelien Goovaerts	+32 2 227 78 38	evelien.goovaerts@umicore.com
Eva Behaeghe	+32 2 227 70 68	eva.behaeghe@umicore.com
Media Relations
Tim Weekes	+32 2 227 73 98	tim.weekes@umicore.com

Umicore profile

Umicore is a global materials technology and recycling group. It focuses on application areas where its expertise in materials science, chemistry and metallurgy makes a real difference. Its activities are organised in three business groups: Catalysis, Energy & Surface Technologies and Recycling. Each business group is divided into market-focused business units offering materials and solutions that are at the cutting edge of new technological developments and essential to everyday life.

Umicore generates the majority of its revenues and dedicates most of its R&D efforts to clean mobility materials and recycling. Umicore's overriding goal of sustainable value creation is based on an ambition to develop, produce and recycle materials in a way that fulfils its mission: materials for a better life.

Umicore's industrial and commercial operations as well as research & development activities are located across the world to best serve its global customer base. The Group generated a turnover of € 11.1 billion (€ 2.7 billion excluding metal) in 2016 and currently employs some 10,100 people.