DGAP-Adhoc: SGL CARBON SE: SGL Carbon SE successfully placed convertible notes


SGL CARBON SE  / Key word(s): Issue of Debt

18.04.2012 18:15

Dissemination 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.

---------------------------------------------------------------------------

Wiesbaden April 18, 2012. SGL Carbon SE (together with its subsidiaries
'SGL Group') successfully placed an aggregate principal amount of EUR240
million of its unsubordinated, unsecured convertible notes due 2018 (the
'Convertible Notes') with domestic and international institutional
investors outside of the US only, today.

The Convertible Notes will have a maturity of 5 years and 9 months. The
initial conversion price has been set at EUR44.1022, representing a premium
of 30% above the reference price of EUR33.9248. The coupon has been set at
2.75% p.a., payable semi-annually in arrear.

Settlement of the transaction will take place on or around April 25, 2012.

SGL Carbon SE intends to apply for the inclusion of the Convertible Notes
to trading on the Open Market (Freiverkehr) of the Frankfurt Stock
Exchange; the settlement is, however, not conditional upon obtaining such
inclusion to trading.
 
Commerzbank, Deutsche Bank and Morgan Stanley are acting as Joint
Bookrunners and Joint Lead Managers for the Offering. LBBW and RBS are
acting as Co-Lead Managers.

SGL Group plans to use the proceeds from the issue of the Convertible Notes
for the funding of the acquisition of Fibras Sintéticas de Portugal SA
(Fisipe), the expansion of its local production capacities for the Chinese
graphite electrode market, which SGL Group expects to become the largest
single graphite electrode market in the next 5-10 years, for potential
strategic opportunities for vertical integration in the Business Area
Performance Products, the repayment of the 2007/2013 convertible notes as
required, and 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.

18.04.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      SGL CARBON SE
              Rheingaustraße 182
              65203 Wiesbaden
              Germany
Phone:        +49 (0)611 6029 - 103
Fax:          +49 (0)611 6029 - 101
E-mail:       investor-relations@sglcarbon.de
Internet:     www.sglgroup.com
ISIN:         DE0007235301
WKN:          723530
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------