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Mannheim, 2012-11-21

Südzucker successfully completes buy back of outstanding convertible bonds and capital increase

Südzucker AG today successfully placed approximately 14.62 million new Südzucker shares from authorised capital and approximately 0.58 million treasury shares by way of an accelerated bookbuild offering...

Mannheim, 2012-11-21

Südzucker successfully completes buy back of outstanding convertible bonds and capital increase

Südzucker AG (“Südzucker”) today successfully placed approximately 14.62 million new Südzucker shares from authorised capital and approximately 0.58 million treasury shares by way of an accelerated bookbuild offering. The placement price was fixed at € 29.70 per share. The gross proceeds from the issuance of the shares amount to approximately € 451 million.
Further to Südzucker’s earlier invitation to the holders of the outstanding 2.5% 2016 convertible bonds (the “Convertible Bonds”) to tender the Convertible Bonds for repurchase for cash, up to the remaining outstanding amount of the Convertible Bonds (the “Tender Offer”), the aggregate principal amount of Convertible Bonds accepted for repurchase is € 268.55 million, at a fixed price of 182.5% of par value. Südzucker will use the approximately € 451 million gross proceeds from the share placement to fund the repurchase of the tendered bonds.
Deutsche Bank acted as Sole Bookrunner for the equity offering and as Dealer Manager and Settlement Agent in connection with the Tender Offer.
Südzucker AG, Mannheim/Ochsenfurt
Central Public Relations Department
Dr. Dominik Risser
Theodor-Heuss-Anlage 12
68165 Mannheim
Phone: +49 621 421-205
Fax: +49 621 421-425
dominik.risser@suedzucker.de
This release is not an offer of securities for sale in or into the United States of America. The securities may not be offered or sold in or into the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). Any public offering of securities to be made in or into the United States of America will be made by means of a prospectus that may be obtained from Südzucker AG Mannheim/Ochsenfurt and will contain detailed information about the company and management, as well as financial statements. There will be no public offer of the securities in or into the United States of America and the securities have not been and will not be registered under the Securities Act.
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2012-11-21
Südzucker successfully completes buy back of
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Mannheim, 2012-11-21

Südzucker successfully completes buy back of outstanding convertible bonds and capital increase

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