Linde Launches Dual Tranche Bond Transaction of EUR 650 m and USD 500 m

Munich, – Linde AG (A stable/A3 stable) has today successfully placed EUR 650 m and USD 500 m of senior notes with respectively 10-year and 5-year maturities. The euro denominated bond, with a coupon of 2.00 %, was priced at 45 basis points over Euro-MidSwaps. The USD bond bears a coupon of 1.50 % and was priced at 67 basis points over USD-MidSwaps.

Both transactions were issued under the EUR 10bn EMTN programme and met huge demand from high quality institutional investors as well as retail intermediaries. The proceeds from the transaction will be used to repay the remaining part of the syndicated loan that Linde arranged to finance the acquisition of US homecare company Lincare Inc.

“This marks the successful conclusion of our refinancing of the Lincare acquisition in the international capital markets,” said Georg Denoke, member of the Executive Board and CFO of Linde AG. “Our excellent reputation among a wide range of investors and the beneficial general market environment allowed us to secure financing under extremely attractive conditions.”



About The Linde Group

The Linde Group is a world-leading gases and engineering company with around 62,000 employees in more than 100 countries worldwide. In the 2012 financial year, Linde generated revenue of EUR 15.280 bn. The strategy of the Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. The company is committed to technologies and products that unite the goals of customer value and sustainable development.

For more information, see The Linde Group online at www.linde.com.