Corporate | 6 July 2015 08:31
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Continental AG / Key word(s): Bond
Continental Redeems USD Bond Early
Hanover, July 6, 2015. The international automotive supplier, tire manufacturer, and industrial partner Continental will redeem the USD bond of $950 million that has been issued in September 2012 with a coupon of 4.50% by its subsidiary Continental Rubber of America, Corp. early to its investors (144A Global Note: ISIN DE000A1G9JJ0/ Reg S Global Note: ISIN DE000A1G9H32). The respective call notice was sent to the notes representative and to the paying agent as of today. The early redemption will take place on September 15, 2015, i.e. four years prior to the original maturity. The redemption price is 102.25%.
Continental develops intelligent technologies for transporting people and their goods. As a reliable partner, the international automotive supplier, tire manufacturer, and industrial partner provides sustainable, safe, comfortable, individual, and affordable solutions. In 2014, the corporation generated sales of approximately EUR34.5 billion with its five divisions, Chassis & Safety, Interior, Powertrain, Tires, and ContiTech. Continental currently employs approximately 200,000 people in 53 countries.
Contact for journalists
Vincent Charles
Press portal:
www.continental-presse.de
2015-07-06 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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: | Continental AG | |
| Vahrenwalder Straße 9 | ||
| 30165 Hannover | ||
| Germany | ||
| Phone: | +49 (0)511 938-1068 | |
| Fax: | +49 (0)511 938-1080 | |
| E-mail: | ir@conti.de | |
| Internet: | www.conti.de | |
| ISIN: | DE0005439004 | |
| WKN: | 543900 | |
| Indices: | DAX | |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Munich; Terminbörse EUREX; Luxemburg, SIX | |
| End of News | DGAP News-Service |
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| 375279 2015-07-06 |