Full Press Release Details
| Fresenius Medical Care AG & Co. KGaA | |
| Investor Relations | |
| Investor News | Else-Kr ner-Str. 1 |
| D-61352 Bad Homburg | |
| Contact: | |
| Oliver Maier | |
| Phone: + 49 6172 609 2601 | |
| Fax: + 49 6172 609 2301 | |
| E-mail: ir@fmc-ag.com | |
| North America: | |
| Terry Proveaux | |
| Phone: + 1 800 948 2538 | |
| Fax: + 1 615 345 5605 | |
| E-mail: ir@fmc-ag.com | |
| Internet: www.fmc-ag.com |
Fresenius Medical Care Successfully Placed
Senior Notes in the Amount of US$ 500 million
Bad Homburg, Germany June 26, 2007 Fresenius Medical Care AG
& Co. KGaA ( the Company ), the world s largest provider of
Dialysis Products and Services, today announced the pricing of Senior Notes due
2017 in the amount of US$ 500 million. The coupon will be
6 7/8%. Proceeds will be used to reduce indebtedness
under the Company s senior secured bank credit facility and other
The Senior Notes will be issued by FMC Finance III S.A., a wholly-owned
subsidiary of the Company, and will be guaranteed on a senior basis jointly and
severally by the Company, Fresenius Medical Care Holdings, Inc. and Fresenius
Medical Care Deutschland GmbH.
Lawrence A. Rosen, Chief Financial Officer of Fresenius Medical Care, commented:
We are pleased to have successfully completed the company s first
senior unsecured bond offering. Investors have clearly recognized our
sustainable financial strength and are confident in the future of the industry
and Fresenius Medical Care.
The notes were not registered under the Securities Act of 1933, but were offered
in the United States pursuant to an exemption of registration under Rule 144 A,
as well as outside the United States under Regulation S. The notes may not be
offered or sold in the United States without registration or an applicable
exemption from the registration requirements.
Fresenius Medical Care is the world s largest integrated provider of
products and services for individuals undergoing dialysis because of chronic
kidney failure, a condition that affects more than 1,500,000 individuals
worldwide. Through its network of 2,194 dialysis clinics in North America,
Europe, Latin America, Asia-Pacific and Africa, Fresenius Medical Care provides
dialysis treatment to 169,216 patients around the globe. Fresenius Medical Care
is also the world s leading provider of dialysis products such as
hemodialysis machines, dialyzers and related disposable products. Fresenius
Medical Care is listed on the Frankfurt Stock Exchange (FME, FME3) and the New
York Stock Exchange (FMS, FMS/P).
For more information about Fresenius Medical Care visit the Company s
website at www.fmc-ag.com.
This release contains forward-looking statements that are subject to various
risks and uncertainties. Actual results could differ materially from those
described in these forward-looking statements due to certain factors, including
changes in business, economic and competitive conditions, regulatory reforms,
foreign exchange rate fluctuations, uncertainties in litigation or investigative
proceedings, and the availability of financing. These and other risks and
uncertainties are detailed in Fresenius Medical Care AG & Co. KGaA s
reports filed with the U.S. Securities and Exchange Commission. Fresenius
Medical Care AG & Co. KGaA does not undertake any responsibility to update
the forward-looking statements in this release.