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KUKA aims for further growth

Augsburg, October 12, 2015. KUKA AG issued a promissory note loan (Schuldscheindarlehen) with a total volume of € 250 million. The originally planned volume of € 150 million has been increased because the issue was heavily oversubscribed. The additional funds will be used as a basis for further growth.

12 October 2015

The overall volume of the loan was issued in two tranches with maturities of five and seven years at a fixed interest rate averaging 1.35 percent. As the demand from investors clearly exceeded the originally targeted financing volume of € 150 million, KUKA had raised the volume of the issue to € 250 million in the course of the marketing process.

The two arrangers and joint bookrunners, Landesbank Baden-Württemberg and UniCredit Bank AG, succeeded in placing the Schuldscheindarlehen with a large pool of investors despite the increasingly challenging market environment during the marketing phase.

KUKA was highly satisfied with the progress and outcome of the issue.

This Schuldscheindarlehen is a key component in funding KUKA’s continued growth. We are delighted about the associated vote of confidence from the investors.

Peter Mohnen, CFO KUKA AG

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