DGAP-Adhoc: SGL CARBON SE: SGL Carbon SE to issue convertible notes

SGL CARBON SE / Issue of Debt

25.06.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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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

Wiesbaden, June 25, 2009. The Management Board of SGL Carbon SE resolved
today, with the consent of the Supervisory Board, to issue senior unsecured
convertible notes convertible into shares of SGL Carbon SE (the
'Convertible Notes'). The Convertible Notes will be offered only to
institutional investors outside the United States of America by way of an
accelerated bookbuilding (the 'Offering'). The pre-emptive rights of
existing shareholders of SGL Carbon SE are excluded.

The aggregate issue size will be approximately EUR 190 million. The
Convertible Notes will be convertible into approximately 6.5 million no-par
value shares of SGL Carbon SE. The Convertible Notes will have a term of 7
years and will be issued and redeemed at 100% of their principal amount
with a coupon of between 3.0% - 4.0% p.a., payable annually. The initial
conversion price will be set at a premium of 30% above the volume weighted
average price of the shares of SGL Carbon SE during the bookbuilding
period.

Pricing is expected to take place later today and settlement is expected 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.

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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.




Press Contact:
Corporate Communications / Tino Fritsch
Phone +49 611 6029-105 / Fax +49 611 6029-101 / Mobile +49 170 540 2667
E-mail: tino.fritsch@sglcarbon.de / www.sglgroup.com

Investor Relations Contact:
Investor Relations / Raj Roychowdhury
Phone +49 611 6029-106 / Fax +49 611 6029-101
E-mail: raj.roychowdhury@sglcarbon.de / www.sglgroup.com


DGAP 25.06.2009 
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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:       vaness.rau@sglcarbon.de
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
 
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