Lanxess places euro 500 million bonds

ERJ staff report (DS)

Leverkusen, Germany -Lanxess AG has successfully placed a 10-year eurobond worth euro 500 million on the European capital market under the company's existing Debt Issuance Program.

The bond has a 2.625 percent per year coupon and will be traded in denominations of euro 1000 on the Luxembourg stock exchange under the ISIN code XS0855167523 as of November 21, 2012.

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Press release from Lanxess (Not for distribution in the United States)