Kemira Oyj : Kemira's associated company Sachtleben signed EUR 430 million credit facility

Kemira Oyj Press release June04, 2012 at11.45 am(CET+1)  Kemira Oyj and Rockwood Holdings Inc. titanium dioxide joint venture Sachtleben Gmbh completed the financing of a new facility agreement in the aggregate amount of EUR 430 million. The proceeds of the facility will be used to repay the outstanding balance of the existing facility agreement, pay a dividend to the joint venture partners and other corporate purposes. The facility has a maturity of five years.  The joint venture Sachtleben, which was formed in August 2008 by combining Kemira Oyj's (Kemira ownership 39% in the joint venture) and Rockwood's TiO2 businesses, is a leading producer of specialty TiO2 pigments for the synthetic fiber, packaging inks, cosmetics, pharmaceutical and food industries.  For more information, please contact  Kemira Oyj Matti Lapinleimu, VP, Mergers & Acquisitions +358 40 581 7615  Kemira is a global over two billion euro water chemistry company that is focused on serving customers in water-intensive industries. The company offers water quality and quantity management that improves customers' energy, water, and raw material efficiency. Kemira's vision is to be a leading water chemistry company.  ------------------------------------------------------------------------------  This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.  The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.  Source: Kemira Oyj via Thomson Reuters ONE HUG#1616190  
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