Nabaltec AG redeems corporate bond issue (2010/2015) early

Schwandorf, (PresseBox) - Nabaltec AG will terminate its corporate bond issue (ISIN: DE000A1EWL99, German Securities ID: A1EWL9) early and in observance of the relevant notice period, on 31 December 2013. The issue was originally set to mature on 14 October 2015. At the same time, the company is reorganizing its financing structure over a much longer time horizon. In accordance with the terms of the bond issue, the issuer may terminate the issue with six weeks' notice at the end of each quarter, for early redemption at face value. The interest due for the year will be paid to bondholders in a timely manner on 15 October 2013.

Nabaltec continues to work to optimize its financing structure and improve its financial results. Given the highly attractive refinancing options which are currently available, the company has opted to terminate the bond issue early in order to secure financing with improved conditions and for a long period of time, i.e. far beyond the original maturity date of the bond issue in 2015. Nabaltec AG is currently issuing a loan against borrower's note with a volume of EUR 50 million in various tranches, in 3-, 5- and 7-year terms. With this transaction, Nabaltec AG is optimally positioned for future growth.

Nabaltec AG

Nabaltec AG, with registered office in Schwandorf, a chemicals business which has received multiple awards for innovativeness, manufactures, develops and distributes highly specialized products based on aluminum hydroxide ("ATH") and aluminum oxide, as well as other raw materials, on an industrial scale through its "Functional Fillers" and "Technical Ceramics" divisions. The company's product range includes halogen-free flame retardant fillers and eco-friendly additives for the plastics industry. Flame retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and electronic devices, while additives replace stabilizers containing heavy metals in PVC processing. Nabaltec also produces base materials for use in technical ceramics, the refractory industry and catalysis. Unlike halogenated flame retardant fillers, the products manufactured by the company's "Functional Fillers" division contain no hazardous substances and do not require separate disposal. Rather, the company's flame retardant fillers actually decrease the development of fumes hazardous to human health and the environment in the event of fire. Nabaltec maintains production sites in Germany and the US and plans to continue to consolidate its market position by expanding capacity, further optimizing processes and quality and making strategic extensions to its product range. On the strength of its specialty products, the company strives to attain the market leadership in each segment.

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