Nabaltec AG successfully places corporate bond issue with a volume of EUR 30 million
Additional maneuvering room for investments to expand production / Continuous trading of the security on the Stuttgart Stock Exchange in the Bondm mid-cap segment
Johannes Heckmann, a Management Board member of Nabaltec AG: "That our bond was completely placed in four days is a sign of the great trust investors place in our company. An increase of the issue volume did not come into question for us because we have very detailed plans as to how we will spend the new cash resources-always with the goal of attaining the greatest possible security for our bondholders as well as the lowest costs and thus the highest returns for our stockholders." Nabaltec AG's bond issue is to serve primarily to finance investments in expanding production capacity for existing, high value-added product groups and to build new capacity for recently launched products. Heckmann further stated, "We will be setting our new boehmite plant in Schwandorf into operation this month. The capacities for our eco-friendly alternative to the halogenated products currently used on the market and in the electronics industry have practically been completely sold out since their introduction. But we also plan to adapt our capacities for flame-retardant fillers to the steadily increasing demand for eco-friendly alternatives. The cash from the bond issue provides us the desired additional financial basis."
A legally binding prospectus is available for download at www.nabaltec.de and free-of-charge copies of the prospectus are also available from Nabaltec AG, Alustraße 50 - 52, 92421 Schwandorf, Germany.
Nabaltec AG, with registered office in Schwandorf, is a chemicals business which has received multiple awards for innovativeness. The founding families, the Heckmann and Witzany families, are involved in the management of Nabaltec AG to this day, so that the company can build on years of experience with strong industry expertise. The focus of the company's activities is the manufacture, development and distribution of highly specialized products based on aluminum hydroxide ("ATH") and aluminum oxide, as well as other raw materials. Industrial production is divided into two divisions: "Functional Fillers" and "Technical Ceramics". Nabaltec's eco-friendly flame retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and in the insulation and electronics industries, while additives replace stabilizers containing heavy metals in PVC processing. The products of the "Technical Ceramics" division are used in the refractory industry and e.g. in the production of friction linings for brakes, in machine parts, spark plugs, high-voltage insulators, mill linings and grinding bodies. Nabaltec has production sites in Germany and the US. In the first half of 2010, Nabaltec AG reported EUR a record-high EUR 53.4 million in revenue, up 61.3% from the first half of 2009, and EBIT improved by EUR 5.5 million over the same period, to EUR 3.5 million. The company has been listed in the Entry Standard segment of the Frankfurt Stock Exchange since November 2006 and currently has more than 340 employees. Further information is available at: www.nabaltec.de.