DGAP-News: Linde AG / Key word(s): Bond
Linde AG: Linde has decided to call and redeem EUR 400 m Undated
Subordinated Bond
06.05.2013 / 10:01
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Linde has decided to call and redeem EUR 400 m Undated Subordinated Bond
Munich, 06 May 2013 - The Linde Group has decided to call and redeem the
EUR 400 m Undated Subordinated Bond issued by Linde Finance B.V. in 2003
and guaranteed by Linde AG at its nominal amount. Call and Redemption of
the bond shall be made in accordance with the terms and conditions of the
Bond on July 3, 2013.
'Our solid financial position and strong equity base allow us to redeem the
subordinated bond on its first call date,' said Georg Denoke, member of the
Executive Board and CFO of Linde AG. 'This decision marks no change in our
conservative financing strategy of long-term orientation and safeguarding
liquidity. Any future plans for our other outstanding subordinated
instruments' call options will be done on a case-by-case basis.'
The Linde Group is a world-leading gases and engineering company with
around 62,000 employees in more than 100 countries worldwide. In the 2012
financial year, Linde generated revenue of EUR 15.280 bn. The strategy of
the Group is geared towards long-term profitable growth and focuses on the
expansion of its international business with forward-looking products and
services. Linde acts responsibly towards its shareholders, business
partners, employees, society and the environment - in every one of its
business areas, regions and locations across the globe. The company is
committed to technologies and products that unite the goals of customer
value and sustainable development.
For more information, see The Linde Group online at www.linde.com.
Further information:
<pre>
Media Relations Investor Relations
Uwe Wolfinger Dr Dominik Heger
Phone: +49.89.35757-1320 Phone: +49.89.35757-1334
Treasury Lisa Tilmann
Dr Sven Schneider Phone: 49.89.35757-1328
Phone: +49.89.35757-1600
Stefan Hess
Phone: +49.89.35757-1610
</pre>
End of Corporate News
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Language: English
Company: Linde AG
KlosterhofstraÃe 1
80331 München
Germany
Phone: +49.89.35757-01
Fax: +49.89.35757-1075
E-mail: info@linde.com
Internet: www.linde.de
ISIN: DE0006483001
WKN: 648300
Indices: DAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München, Stuttgart; Freiverkehr in
Hannover; Terminbörse EUREX; SIX
End of News DGAP News-Service
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209716 06.05.2013
DGAP-News: Linde AG: Linde has decided to call and redeem EUR 400 m Undated Subordinated Bond
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