EQS-News: ams OSRAM announces the offering of EUR 800 million equivalent senior notes as part of its recently presented financing plan

EQS-News: ams-OSRAM AG / Key word(s): Financing
   ams OSRAM announces the offering of EUR 800 million equivalent senior
   notes as part of its recently presented financing plan

   13.11.2023 / 09:50 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA OR
   ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY
   APPLICABLE LAW. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE
   A VIOLATION OF U.S. SECURITIES LAW.

    

   ams OSRAM announces the offering of EUR 800 million equivalent senior
   notes as part of its recently presented financing plan

   Premstaetten, Austria, and Munich, Germany (13 November 2023) – ams OSRAM
   (SIX: AMS) announced today the launch of an offering of EUR 800 million
   equivalent aggregate principal amount of senior unsecured notes,
   comprising euro denominated senior unsecured notes due March 2029 and
   dollar denominated senior unsecured notes due March 2029 (together, the
   "Notes") as part of its recently presented financing plan.
    

   ams OSRAM intends to use the proceeds from the offering of the Notes,
   together with the proceeds of its proposed rights offering and a sale and
   leaseback of the Group’s new Kulim 8-inch facility, to redeem in full its
   outstanding $450,000,000 7% Senior Notes due 2025 and the €850,000,000 6%
   Senior Notes due 2025, repay certain bank facilities, fund general
   corporate purposes, and to pay related fees and expenses.

    

   Important notice:

   This press release is for informational purposes only and does not
   constitute an offer to sell or the solicitation of an offer to buy the
   Notes, nor shall it constitute an offer, solicitation or sale in any
   jurisdiction in which, or to any person to whom, such offer, solicitation
   or sale would be unlawful. The Notes have not been and will not be
   registered under the U.S. Securities Act of 1933 ("Securities Act") and
   may not be offered or sold within the United States of America except
   pursuant to an applicable exemption from, or in a transaction not subject
   to, the registration requirements of the Securities Act. There will be no
   public offering of Notes in the United States of America.

   This announcement does not constitute and shall not, in any circumstances,
   constitute a public offering nor an invitation to the public in connection
   with any offer within the meaning of European Prospectus Regulation (EU)
   2017/1129  (the “Prospectus Regulation”). The offer and sale of the Notes
   will be made pursuant to an exemption under the Prospectus Regulation,
   from the requirement to produce a prospectus for offers of securities.

   This announcement does not constitute and shall not, in any circumstances,
   constitute a public offering nor an invitation to the public in connection
   with any offer within the meaning of the Swiss Financial Services Act
   ("FinSA"). The Notes may not be publicly offered, directly or indirectly,
   in Switzerland within the meaning of the FinSA and no application has or
   will be made to admit the Notes to trading on any trading venue (exchange
   or multilateral trading facility) in Switzerland.

   Manufacturer target market (MIFID II product governance) for the Notes is
   eligible counterparties and professional clients only (all distribution
   channels). No PRIIPs key information document (KID) has been prepared as
   not available to retail in EEA or the United Kingdom.

   This announcement is being distributed to, and is directed at, only (1)
   persons who are located outside the United States and are (a) persons in
   Member States of the European Economic Area who are qualified investors
   (as defined in the Prospectus Regulation); (b) persons in the United
   Kingdom who have professional experience in matters relating to
   investments who fall within the definition of “investment professionals”
   in Article 19(5) of the Financial Services and Markets Act 2000 (Financial
   Promotion) Order 2005, as amended (the “Order”); (c) high net worth
   companies, and other persons to whom it may otherwise lawfully be
   communicated, falling within Article 49(2)(a) to (d) of the Order; or (d)
   persons to whom an invitation or inducement to engage in an investment
   activity (within the meaning of Section 21 of the Financial Services and
   Markets Act 2000) in connection with the issue or sale of any securities
   may otherwise lawfully be communicated or caused to be communicated or (2)
   persons who are reasonably believed to be “qualified institutional buyers”
   (as defined in Rule 144A under the Securities Act) (all such persons
   together being referred to as “relevant persons”). The investments to
   which this announcement relates are available only to, and any invitation,
   offer or agreement to subscribe, purchase or otherwise acquire such
   investments will be available only to or will be engaged in only with,
   relevant persons. Any person who is not a relevant person should not act
   or rely on this announcement or any of its contents. Persons distributing
   this announcement must satisfy themselves that it is lawful to do so.

   This announcement may contain statements about ams OSRAM (the “Company”,
   and together with its subsidiaries the “Group”) that are or may be
   “forward-looking statements”. Forward-looking statements include, without
   limitation, statements that typically contain words such as “anticipate”,
   “target”, “expect”, “estimate”, “intend”, “plan”, “believe”, “hope”,
   “aims”, “continue”, “will”, “may”, “should”, “would”, “could”, or other
   words of similar meaning. By their nature, forward-looking statements
   involve risks and uncertainties because they relate to events and depend
   on circumstances that may or may not occur in the future. The Company
   cautions you that forward-looking statements are not guarantees of the
   occurrence of such future events or of future performance and that in
   particular the actual results of operations, financial condition and
   liquidity, the development of the industry in which the Group operates may
   differ materially from those made in or suggested by the forward-looking
   statements contained in this announcement. Any forward-looking statements
   speak only as at the date of this announcement. Except as required by
   applicable law, the Company does not undertake any obligation to update or
   revise publicly any forward-looking statement, whether as a result of new
   information, future events or otherwise.

   In connection with the issuance of the Notes, the stabilizing manager (or
   any person acting on behalf of the stabilizing manager) may over-allot
   Notes or effect transactions with a view to supporting the market price of
   the Notes at a level higher than that which might otherwise prevail.
   However, there is no assurance that the stabilizing manager (or any person
   acting on behalf of the stabilizing manager) will undertake stabilization
   action. Any stabilization action may begin on or after the date on which
   adequate public disclosure of the terms of the offer of the Notes is made
   and, if begun, may be ended at any time, but it must end no later than the
   earlier of 30 days after the issue date of the Notes and 60 days after the
   date of the allotment of the Notes. Any stabilization action or
   over-allotment must be conducted by the stabilizing manager (or person
   acting on behalf of the stabilizing manager) in accordance with all
   applicable laws and rules.

    

    

   About ams OSRAM

   The ams OSRAM Group (SIX: AMS) is a global leader in intelligent sensors
   and emitters. By adding intelligence to light and passion to innovation,
   we enrich people’s lives.

   With over 110 years of combined history, our core is defined by
   imagination, deep engineering expertise and the ability to provide global
   industrial capacity in sensor and light technologies. We create exciting
   innovations that enable our customers in the automotive, industrial,
   medical and consumer markets maintain their competitive edge and drive
   innovation that meaningfully improves the quality of life in terms of
   health, safety and convenience, while reducing impact on the environment.

   Our around 20,000 employees worldwide focus on innovation across sensing,
   illumination and visualization to make journeys safer, medical diagnosis
   more accurate and daily moments in communication a richer experience. Our
   work creates technology for breakthrough applications, which is reflected
   in over 15,000 patents granted and applied. Headquartered in
   Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany),
   the group achieved over EUR 4.8 billion revenues in 2022 and is listed as
   ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).

    

   Find out more about us on [1]https://ams-osram.com

    

   ams is a registered trademark of ams-OSRAM AG. In addition many of our
   products and services are registered or filed trademarks of ams OSRAM
   Group. All other company or product names mentioned herein may be
   trademarks or registered trademarks of their respective owners.

   Join ams OSRAM social media channels: [2]>Twitter  [3]>LinkedIn 
   [4]>Facebook  [5]>YouTube

    

    

    

    

    

    

   For further information

   Investor Relations   Media Relations       

   ams-OSRAM AG     ams-OSRAM AG   

   Dr Juergen Rebel    Bernd Hops  

   Senior Vice President    Senior Vice President   

   Investor Relation    Corporate Communications 

   T: +43 3136 500-0                    T +43 3136 500-0 

   [6][email protected]   [7][email protected]     

    

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   13.11.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
   www.eqs.com

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     ams-OSRAM AG
                Tobelbader Straße 30
                8141 Premstaetten
                Austria
   Phone:       +43 3136 500-0
   E-mail:      [email protected]
   Internet:    https://ams-osram.com/
   ISIN:        AT0000A18XM4
   WKN:         A118Z8
   Listed:      Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
                Munich, Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock
                Exchange (Vienna MTF)
   EQS News ID: 1771159


    
   End of News EQS News Service


   1771159  13.11.2023 CET/CEST

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