08.09.2016
Schaeffler AG DE000SHA0159
DGAP-Adhoc: Schaeffler AG: Schaeffler AG expects complete prepayment of Loan Note by IHO Holding in the amount of EUR 1,674 million
Schaeffler AG / Key word(s): Financing
08.09.2016 17:29
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc Notification of inside information according to Article 17 para. 1
of the Regulation (EU) No 596/2014 on market abuse
Schaeffler AG expects complete prepayment of Loan Note by IHO Holding in
the amount of EUR 1,674 million
Herzogenaurach, September 8, 2016. IHO Holding, a group of holding
companies indirectly owned by the Schaeffler Family, has announced that it
will prepay the existing EUR 1,674 million Loan Note of Schaeffler AG in
full. The prepayment is subject to successful completion of the refinancing
of IHO Holding. Schaeffler AG intends to use the funds for a reduction of
its indebtedness.
Contact:
Christoph Beumelburg
SVP Communications, Marketing and Investor Relations
Schaeffler AG
Tel.: +49 9132 82-4440
e-mail: [email protected]
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Important Notice
This announcement does not contain or constitute an offer of, or the
solicitation of an offer to buy or subscribe for, securities to any person
in Australia, Canada, Japan, or the United States of America or in any
jurisdiction to whom or in which such offer or solicitation is unlawful.
Subject to certain exceptions, the securities referred to herein may not be
offered or sold in Australia, Canada, Japan or the United States of America
or to, or for the account or benefit of, any national, resident or citizen
of Australia, Canada, Japan or the United States of America. The offer and
sale of the securities referred to herein has not been and will not be
registered under the applicable securities laws of Australia, Canada, Japan
or the United States of America. There will be no public offer of the
securities in any jurisdiction.
The securities referred to herein will not be registered under the U.S.
Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S.
State security laws and may not be offered or sold in the United States
absent registration or an applicable exemption from the registration
requirements of the U.S. Securities Act.
This document has been prepared on the basis that there was no public
offering in connection with this transaction nor will there be a public
offering of the securities. No approved prospectus was or will be prepared
in connection with this transaction. Any offer of securities in any Member
State of the European Economic Area ("EEA") which has implemented the
Prospectus Directive (2003/71/EC), as amended, including any relevant
implementing measures to implement the Directive 2010/73/EU, (each, a
"Relevant Member State") will only be made if no prospectus for offers of
securities has to be published. Accordingly any person making or intending
to make any offer in that Relevant Member State of securities which are the
subject of the placement contemplated in this announcement may only do so
in circumstances in which no obligation arises for Schaeffler to publish a
prospectus pursuant to Article 3 of the Prospectus Directive (as amended by
the Directive 2010/73/EU, to the extent such amendments have already been
implemented in the Relevant Member State) or supplement a prospectus
pursuant to Article 16 of the Prospectus Directive (as amended by the
Directive 2010/73/EU, to the extent such amendments have already been
implemented in the Relevant Member State), in each case, in relation to
such offer. Schaeffler has not authorized, nor does it authorize, the
making of any offer of securities in circumstances in which an obligation
arises for Schaeffler to publish or supplement a prospectus for such offer.
Forward-looking statements and projections
Certain statements in this press release are forward-looking statements. By
their nature, forward-looking statements involve a number of risks,
uncertainties and assumptions that could cause actual results or events to
differ materially from those expressed or implied by the forward-looking
statements. These risks, uncertainties and assumptions could adversely
affect the outcome and financial consequences of the plans and events
described herein. No one undertakes any obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise. You should not place any undue
reliance on forward-looking statements which speak only as of the date of
this press release. Statements contained in this press release regarding
past trends or events should not be taken as representation that such
trends or events will continue in the future. The cautionary statements set
out above should be considered in connection with any subsequent written or
oral forward-looking statements that Schaeffler, or persons acting on its
behalf, may issue.
08.09.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Schaeffler AG
Industriestr. 1-3
91074 Herzogenaurach
Germany
Phone: 09132 - 82 0
Fax:
E-mail: [email protected]
Internet: www.schaeffler.com
ISIN: DE000SHA0159
WKN: SHA015
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart,
Tradegate Exchange; Luxemburg
End of Announcement DGAP News-Service
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