Date: 2013-08-01

Schaeffler AG Places Loans of 1.4 Billion Euro with Institutional Investors in Europe and in the US

Institutional loans upsized to approximately #8364;1.4 billion
One Euro and one USD tranche
Second milestone of the refinancing concept successfully implemented

Schaeffler AG successfully placed approximately #8364;1.4 billion of loans with institutional investors today. This transaction represents the second key element of the comprehensive refinancing agreement that Schaeffler AG had entered into with its banks on January 27, 2012. The first part was the successful #8364;2.0 billion bond issuance at the beginning of February, marking the company

Previous: Bearing Resources Receives First Royalty Payment From Imperial Metals
Next: SKF Launches Knowledge Engineering Mobile Apps

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
H-LM300849/H-LM300811 NACHI	40.987	67.975	18
H-2789R/H-2720 NACHI	39.688	76.2	25.654

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.