Linde issues more than EUR 2.4 bn senior benchmark bonds
Munich, 19 April 2007 - Linde Finance BV, guaranteed by Linde AG
(Baa1 stable/BBB stable) has today successfully placed more than EUR
2.4bn in a three-tranche transaction in both, EUR and GBP. The
overall transaction comprises a EUR 1bn 5y Fixed Rate offering priced
at plus 24 bps over MidSwaps, a EUR 1bn 10y Fixed Rate offering
priced at plus 45 bps over MidSwaps and a GBP 300mn 16 y Fixed Rate
offering priced at plus 109 bps over the UKT 5%, 2025. The
transaction was more than three times oversubscribed with a huge
demand from high quality debt investors and retail intermediaries.
The transaction is Linde's only intended public benchmark offering in
2007.
The Linde Group is a world leading industrial gases and engineering
company with more than 51,000 employees working in around 70
countries worldwide. Following the acquisition of The BOC Group the
company has gases and engineering sales of approximately 12 billion
euro. The strategy of The Linde Group is geared towards
earnings-based growth and focuses on the expansion of its
international business with forward-looking products and services.
For more information, please see The Linde Group online at
http://www.linde.com
For further information:
Treasury Linde AG
Erhard Wehlen
Telephone: +49.89.35757-1600
Dr Sven Schneider
Telephone: +49.89.35757-1610
Linde Finance BV
Nico Limmen
Telephone: +31.20.30138-03
Investor Relations
Thomas Eisenlohr
Telephone: +49.89.35757-1330