Bayer Optimizes its Use of Liquidity


WEBWIRE – Thursday, December 20, 2012

Group contributes EUR 1 billion to Bayer Pension Trust
Leverkusen, December 19, 2012 – Bayer has contributed around EUR 1 billion in short-dated securities to its own trust fund, Bayer Pension Trust e. V., to optimize the Group’s liquidity position. This move is designed to make worthwhile use of existing liquidity and increase investment income. It also provides additional security for the Group’s pension commitments.

The transfer has the effect of reducing the net amount recognized for post-employment benefits in the statement of financial position (September 30, 2012: approx. EUR 9.7 billion) by about EUR 1 billion and increasing the Group’s net financial debt (September 30, 2012: EUR 6.8 billion) by the same amount.

For more information go to www.bayer.com

Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.



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