Borealis successfully places a Schuldschein transaction in Euro and US$

Substantial oversubscription by a well-diversified investor group. Final volume of 140 MEUR and 70 MUSD.

Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, continues to diversify its financing portfolio and successfully places another Schuldschein (German Private Placement) for a total amount of approximately 200 MEUR. This transaction follows the very well received bond transaction in December last year.

The issue was initially launched with a marketing volume of 150 MEUR combined EUR and USD, in fixed and variable notes and tenors of 5, 7 and 10 years. The Schuldschein transaction was very well received by investors right from launch date and could be consequently priced at the low end of the spread range, underpinning the strong and consistent Borealis credit story. Backed by the strong and very granular order book, Borealis decided to increase the final size to 140 MEUR and 70 MUSD respectively.

Over 50 investors participated in the Schuldschein with the majority of demand coming from German, Austrian and Asian Investors.

Commerzbank, Landesbank Baden-Württemberg and Raiffeisenbank International acted as joint Arrangers.

“The strong book building and investor appetite is a testament to the successful Borealis strategy implementation and financial performance over the last years. This very successful transaction will support the growth journey of Borealis.”

Mark Tonkens, Borealis CFO.

“Borealis has placed Schuldschein transactions since 2010 which are a strong and valuable addition to our funding portfolio in terms of diversification. The recent placement proves again the attractiveness of the instrument from a documentation and pricing perspective”.

Jan-Martin Nufer, Borealis Director Treasury & Funding.

For further information, visit our Investor Relations website.