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Press release Box-ID: 289609

Continental Aktiengesellschaft Vahrenwalder Straße 9 30165 Hannover, Germany http://www.continental.com/de
Contact Mr Hannes Boekhoff +49 511 9381278
Company logo of Continental Aktiengesellschaft
Continental Aktiengesellschaft

Continental Awards Mandate to Credit Suisse

Investment bank supports automotive supplier as independent consultant in upcoming financing topics

(PresseBox) ( Hanover, )
Continental AG, Hanover, is engaging Credit Suisse to act as an independent consultant for the upcoming financing topics within the corporation. The key task of the advisor is to evaluate options for future sustainable financing and capital structures as well as to enable an optimal refinancing of the company. "For the upcoming tasks and meetings regarding various interrelated financing topics, we wanted to ensure that we also have the support of an independent consultant without prior or existing connections to any of the stakeholders of Continental," said Continental CEO Dr. Elmar Degenhart Thursday in Hanover. "Our goal is to create a sound financial structure that continues to give us the flexibility to fully realize our strategic goals."

Continental Aktiengesellschaft

With sales exceeding €24 billion in 2008, the Continental Corporation is one of the top automotive suppliers worldwide. As a supplier of brake systems, systems and components for the powertrain and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, the corporation contributes towards enhanced driving safety and protection of the global climate. Continental is also a competent partner in networked automobile communication. The corporation currently employs approximately 130,000 at nearly 190 locations in 35 countries.

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.