Date: 2013-08-01

Schaeffler AG to issue another bond

* Amount of at least 200 million Euros in minimum denominations of 1,000 Euros
* Bond offering targeted at retail investors and institutional investors
* Innovative offering for employees of Schaeffler Group

Schaeffler AG is issuing another senior secured bond in an amount of at least 200 million Euros. The bond will be issued in minimum denominations of 1,000 Euros and will be offered in a public offering to retail and institutional investors in Germany and Luxembourg and private placements in other countries in Europe. The bond will have a term of five years. The issue size and the terms will be finalised after completion of an investor roadshow.

The bond will be issued by Schaeffler Finance B.V. and will be guaranteed by Schaeffler AG and selected subsidiaries. Schaeffler has applied to admit the bond to trading on the regulated market of the Luxembourg Stock Exchange. Following the announcement of the final terms, it is intended that the bond will also be offered to employees of the Schaeffler Group in Germany.

The offering will be supported by Deutsche Bank, which is acting as global coordinator and managing bookrunner, and by Barclays, Bayerische Landesbank and Citi.

"With the issuance of a bond which is also being offered to private investors, we are tapping a new market segment. At the same time we are further optimizing our maturity profile", said the CFO of Schaeffler AG, Klaus Rosenfeld.

Domestic employees have the opportunity to subscribe the new bond during a separate, longer subscription period. Dr. Juergen M. Geissinger, CEO of Schaeffler AG, explained: "With this innovative offering, Schaeffler Group for the first time is providing its employees in Germany the opportunity to purchase a bond issued by their own company. This is unique in its kind in Germany."

This press release does not contain or constitute an offer for the sale of securities in the United States of America, Canada, Australia, Japan or other jurisdictions in which offers are subject to legal restrictions. The securities referred to in this press release may not be sold or offered for sale in the United States of America or to U.S. persons, as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the

Previous: Minebea to Issue Stock Options (Stock Acquisition Rights) for Directors Compensation
Next: Schaeffler receives the Steel Innovation Prize 2012 (pic)

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
7200CDB NACHI	10	30	9
7200BDB NACHI	10	30	9

【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.