Brenntag Plans Early Refinancing

Clearly ahead of the main maturities in 2014, a major part of the existing financial indebtedness shall be replaced in course of this refinancing.

5/26/2011 --- Following the successful IPO in 2010 and against the background of the currently attractive capital market environment, Brenntag plans to refinance its financial indebtedness. Clearly ahead of the main maturities in 2014, a major part of the existing financial indebtedness shall be replaced in course of this refinancing. Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs and UniCredit Bank have been mandated as bookrunners for a new syndicated facility.

Brenntag is the global market leader in full-line chemical distribution. Linking chemical manufacturers and chemical users, Brenntag provides business-to-business distribution solutions for industrial and specialty chemicals globally. With over 10,000 products and a world-class supplier base, Brenntag offers one-stop-shop solutions to about 160,000 customers. The value-added services include just-in-time delivery, product mixing, formulation, repackaging, inventory management, drum return handling as well as extensive technical support. Headquartered in Mülheim an der Ruhr, Germany, the company operates a global network with more than 400 locations in nearly 70 countries. In 2010 the company realized global sales of EUR 7.6 billion (USD 10.1 billion) with more than 12,000 employees.