Company has successfully placed €1 billion of senior notes with an eight-year maturity. The bond, with a coupon of 1.75% issued under the €10 billion EMTN programme, was priced at 35 based points over MidSwaps.
The transaction was three times oversubscribed with huge demand from high quality institutional investors and retail intermediaries. The proceeds from the transaction will be used to repay the syndicated loan that Linde arranged to finance the acquisition of US homecare company Lincare Inc.
“It is crucial to be able to act swiftly in a volatile market climate,” said Georg Denoke, member of the Executive Board and CFO of Linde AG. “We were keen to quickly replace a substantial part of the acquisition loan with long-term capital market liabilities. Once again, we succeeded in achieving extremely attractive conditions. This transaction underscores our excellent reputation among our investors.”
New mobile kit enables remote maintenance maintainance of portable gas detectors and data transfer using the iNet DS docking station.
Office for National Statistics (ONS) reveals the inert gas helium was the recorded reasoning for more deaths in 2011 than ecstasy, cannabis, mephedrone and GHB.
Increasing life expectancy and the rise in chronic diseases are major public health issues. Air Liquide is continuing to develop its home healthcare activity in France with the acquisition of SEPRODOM, a key player in home healthcare and monitoring of patients with chronic diseases in the French overseas departments and ...
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