KION GROUP GmbH : KION Finance S.A. successfully places Euro 650 million senior secured notes KION GROUP GmbH / KION Finance S.A. successfully places Euro 650 million senior secured notes . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement. NOT FOR DISTRIBUTION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN Luxembourg, 06 February 2013 - KION Finance S.A. has successfully placed senior secured notes with a total principal value of Euro 650 million. KION Finance S.A. will on-lend the net proceeds to companies of the KION Group, guaranteed by KION Group GmbH and certain subsidiaries of KION Group GmbH, in order to refinance KION Group's existing first lien loan indebtedness with maturity in 2014 and partially in 2015. The bond issuance partially extends the Group's debt maturity profile into 2020 and diversifies its investor base. The transaction is expected to close on 14 February 2013. The senior secured notes due 2020 comprise a fixed rate tranche of Euro 450 million and a floating rate tranche of Euro 200 million. The fixed rate notes were issued at par with a coupon of 6.75%, the floating rate notes were issued at 99.5 and will pay a coupon of 3 month EURIBOR plus 4.5%. The company The KION Group - comprising the six brands Linde, STILL, Fenwick, OM STILL, Baoli and Voltas - is Europe's market leader in industrial trucks, the global number two in the industry and the leading international supplier in China. The Linde and STILL brands serve the premium segment worldwide. Fenwick is the largest supplier of material handling products in France, while OM STILL is a market leader in Italy. The Baoli brand focuses on the economy segment, and Voltas is one of the two market leaders in India. The KION Group employed more than 22,000 people and generated revenue between Euro 4.65 and 4.75 billion in 2012 according to first estimates based on initial management reporting. DISCLAIMER Neither this announcement, the publication in which it is contained nor any copy of it may be taken, transmitted or distributed, directly or indirectly, in or into the United States of America (including its territories or possessions, any state of the United States of America and the District of Columbia) ("the United States"). Neither this announcement, the publication in which it is contained nor any copy of it may be taken, transmitted or distributed, directly or indirectly, in or into Australia, Canada or Japan or to any persons in any of those jurisdictions or any other excluded territories. Any failure to comply with this restriction may constitute a violation of United States, Australian, Canadian or Japanese securities law. The distribution of this document in other jurisdictions may be restricted by law and persons into whose possession this document comes should inform themselves about, and observe, any such restrictions. This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase notes or any other securities nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefore. The offering and the distribution of this announcement and other information in connection with the offering in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. In particular, this announcement does not constitute an offer for sale of, or a solicitation to purchase or subscribe for, any securities in the United States, Australia, Canada, Japan, Hong Kong or in any jurisdiction to whom or in which such offer or solicitation is unlawful. Securities issued by KION Group (including KION Finance S.A.) have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Securities issued by companies of the KION Group (including KION Finance S.A.) may not be offered or sold in the United States absent registration or an applicable exemption from, or transaction not subject to, the registration requirements of the Securities Act. No securities of companies of the KION Group (including KION Finance S.A.) have been, or will be, registered under the securities laws of Australia, Canada, Japan or Hong Kong. Subject to certain exceptions, no securities of the KION Group may be offered or sold in Australia, Canada, Japan or Hong Kong or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada, Japan or Hong Kong. KION Finance S.A. does not intend to conduct a public offer of the Notes in the United States, Australia, Canada, or Japan or Hong Kong. This announcement does not constitute a recommendation concerning the offering. Acquiring securities to which this announcement relates may expose an investor to a significant risk of losing all of the amount invested. The price and value of securities can go down as well as up. Past performance is not a guide to future performance. Information in this announcement or any of the documents relating to the offer cannot be relied upon as a guide to future performance. Potential investors should consult a professional advisor as to the suitability of the offer for the entity concerned. Any liability (including in respect of direct, indirect or consequential loss or damage) of any company or employee of the KION Group (including KION Finance S.A.) with a view to the information contained in this press release is expressly disclaimed. This press release does not purport to contain all of the information that may be required to evaluate any proposed transaction, and any recipient hereof should seek its own legal, accounting and other relevant professional advice. This document has been prepared on the basis that any offer of Notes in any Member State of the European Economic Area ("EEA") which has implemented the Prospectus Directive (2003/71/EC), as amended (each, a "Relevant Member State") will be made pursuant to an exemption under the Prospectus Directive, as implemented in that Relevant Member State, from the requirement to publish a prospectus for offers of Notes. Accordingly any person making or intending to make any offer in that Relevant Member State of Notes which are the subject of the placement contemplated in this announcement may only do so in circumstances in which no obligation arises for KION Group or any other person to publish a prospectus pursuant to Article 3 of the Prospectus Directive or supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each case, in relation to such offer. KION Group has not authorized, nor does it authorize, the making of any offer of Notes in circumstances in which an obligation arises for KION Group or any other person to publish or supplement a prospectus for such offer. This announcement is directed at and/or for distribution in the United Kingdom only to (i) persons who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) high net worth entities falling within article 49(2)(a) to (d) of the Order (all such persons are referred to herein as "relevant persons"). This announcement is directed only at relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons. This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes in business, economic and competitive conditions, regulatory reforms, results of clinical trials, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. KION Group does not undertake any responsibility to update the forward-looking statements in this release. For further information please contact Michael Hauger Head of Corporate Communications Tel.: +49 (0) 611 770 655 email@example.com www.kion-finance.com www.kiongroup.com Download Press Release [PDF 0.1 MB] ------------------------------------------------------------------------------ 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: KION GROUP GmbH via Thomson Reuters ONE HUG#1676115 --- End of Message --- KION GROUP GmbH Abraham-Lincoln-Strasse 21 Wiesbaden Germany
KION GROUP GmbH : KION Finance S.A. successfully places Euro 650 million senior secured notes
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