€500m of senior notes in a seven year maturity. The bond with a coupon of 1.75%, issued under the €10bn EMTN program, was priced at 35 basis points over MidSwaps.

Linde Finance BV, guaranteed by Linde AG (A stable/A3 stable) has successfully placed €500m of senior notes in a seven year maturity.

The bond with a coupon of 1.75%, issued under the €10bn EMTN program, was priced at 35 basis points over MidSwaps.

The transaction was more than five times oversubscribed with a huge demand from high quality institutional investors and retail intermediaries.

Proceeds from the transaction will be used for general corporate purposes.

“Despite a volatile market environment we achieved very favourable financing terms”, said Georg Denoke, member of the Executive Board and CFO of Linde AG.

“Our high reputation among investors, which has granted us these terms, is confirmed by the recent rating upgrade by Standard & Poor’s from A- to A.”

The Linde Group is a world-leading gases and engineering company with around 50,500 employees in more than 100 countries worldwide.

In the 2011 financial year, it generated revenue of €13.787bn.

The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services.

Linde acts responsibly towards its shareholders, business partners, employees, society and the environment - in every one of its business areas, regions and locations across the globe.

The group says it is committed to technologies and products that unite the goals of customer value and sustainable development.

For more information, see The Linde Group online at http://www.linde.com