RHI places EUR 130 million Schuldscheindarlehen

RHI AG, a world market leader for refractory products, successfully completed the placement of a EUR 130 million Schuldscheindarlehen on July 25, 2012.

In a difficult market environment, the volume of EUR 100 million, which had originally been planned, was thus exceeded. The Schuldscheindarlehen was placed in tranches with tenors ranging from three to ten years with Austrian, German and Eastern European investors.

RHI will use the proceeds from the transaction to secure liquidity in the long term.
The transaction was handled by Commerzbank AG, Frankfurt, and Raiffeisen Bank International AG, Vienna, as arrangers.