Clariant successfully places EUR 300 million of certificates of indebtedness

Muttenz, April 26, 2016 – Clariant, a world leader in specialty chemicals, announced today the issuance of in aggregate EUR 300 million of debt in the German market for certificates of indebtedness (“Schuldschein”). The four certificates have terms of 4.5 years (EUR 156.5 million with a fixed coupon and EUR 55.5 million with a floating coupon), 7 years (EUR 73.5 million with a fixed coupon) and 10 years (EUR 14.5 million with a fixed coupon).

The interest to be paid for the certificates of indebtedness is based on six-month Euribor (variable tranche) or mid-swap (fixed tranche), respectively, plus a credit margin premium (spread). Total fixed interest costs per tranche are between 1.012 % and 2.01 % p.a.

With the issuance of these certificates Clariant has further improved its debt maturity profile. The proceeds will be used for general corporate and refinancing purposes.

Joint arrangers of the issue were Landesbank Baden-Württemberg and Landesbank Hessen-Thüringen Girozentrale.

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