SKW Stahl Metallurgie : Metallurgie Group signs syndicated loan contract for €86m – financing secured until 2018

January 23, 2015

Unterneukirchen (Germany), January 23, 2015. On January 23, 2015, the global specialty chemicals Group SKW Metallurgie signed, as a significant milestone of its strategic realignment, a syndicated loan contract for €86m. Arrangers are Commerzbank AG and Norddeutsche Landesbank Girozentrale, both of which have engaged in intensive and successful cooperation with the SKW Metallurgie Group for several years.

With the new syndicated loan contract, the SKW Metallurgie Group will have sufficient debt capital at its disposal. This entails refinancing the hitherto framework credit agreement ("Rahmenkreditvertrag") as well as the hitherto promissory note loans, each at their respective maturities.

The new syndicated loan contract is to run for three years and thereby grants planning security until 2018.

"The successful conclusion of a syndicated loan contract proves that our banks believe in the potential of our core business", comments Sabine Kauper, CFO of the SKW Metallurgie Group.

In order to strengthen the equity base and to accelerate the SKW Metallurgie Group's growth both in traditional markets as well as in in emerging countries such as India, SKW Stahl-Metallurgie Holding AG is going to evaluate the capital markets regarding opportunities for equity capital measures during the further course of 2015.

"The stabilization of our financial situation granted by the syndicated loan opens to us the desired headroom for the further development of the Group and possible equity capital measures associated therewith", comments Dr. Kay Michel, CEO of the SKW Metallurgie Group.

Contact
SKW Stahl-Metallurgie Holding AG
Christian Schunck
Head of IR and Corporate Communications
Rathausplatz 11
84579 Unterneukirchen
Germany

Phone IR/Press: [phone]
Fax: [phone]
E-Mail: [e-mail]
Internet: www.skw-steel.com

About SKW Stahl-Metallurgie Holding AG and the SKW Metallurgie Group
The SKW Metallurgie Group is the global market leader for chemical additives for hot metal desulphurization, and for cored wire and other products for secondary metallurgy. The Group's products enable steel-makers to efficiently manufacture high-quality steel products. Clients include the world's leading companies in the steel industry. The SKW Metallurgie Group has more than 50 years of metallurgical know how, and currently operates in more than 40 countries. What is more, the Group is a leading supplier of Quab specialty chemicals, which are mainly used in the global production of industrial starch for the paper industry. The company's operating business is broken down into the two core segments "Cored Wire" and "Powder and Granules", and the "Other" segment. The SKW Metallurgie Group is headquartered in Germany with production facilities in France, the US (6), Canada, Mexico, Brazil, South Korea, Bhutan, Russia, the Peoples' Republic of China (2) and India (2 via joint venture).

Shares of SKW Stahl-Metallurgie Holding AG have been listed in Frankfurt Stock Exchange's Prime Standard since December 1, 2006 with ISIN DE000SKWM013 (since August 15, 2011: new ISIN DE000SKWM021 due to switch to name shares).

Disclaimer
This press release may include certain forward-looking statements which are based on currently available assumptions and predictions of the SKW Metallurgie Group's management as well as on other currently available information. Various identified as well as unidentified risks and uncertainties as well as other factors may result in a deviation of actual results, financial situation, development or achievement of the company compared to the assessments made herein. SKW Stahl-Metallurgie Holding AG does not intend and assumes no liability to update such forward-looking statements and to adjust them to future events and developments.