BATON ROUGE, La., Dec. 8, 2014 /PRNewswire/ -- Albemarle
Corporation (NYSE: ALB) announced that it has closed a notes
offering consisting of €700 million of 1.875% notes due 2021. The
company intends to use the net proceeds from the offering, together
with borrowings, to finance the aggregate cash consideration of the
previously announced acquisition of Rockwood Holdings, Inc. and pay
related fees and expenses.
The notes have not been and will not be registered under the
Securities Act of 1933 (the "Act"). This press release is not an
offer of Notes for sale in the United
States or to United States Persons. The notes
may not be offered or sold in the United
States absent registration under the Act or an exemption
from the registration requirements of the Act.
About Albemarle
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a leading global
developer, manufacturer, and marketer of highly-engineered
specialty chemicals for consumer electronics, petroleum refining,
utilities, packaging, construction, automotive/transportation,
pharmaceuticals, crop protection, food-safety and custom chemistry
services. The company is committed to global sustainability and is
advancing its eco-practices and solutions in its two global
business units: Performance Chemicals and Catalyst Solutions.
Corporate Responsibility Magazine selected Albemarle to its
prestigious "100 Best Corporate Citizens" list for 2010, 2011 and
2013. Albemarle employs approximately 3,200 people and serves
customers in approximately 100 countries. Albemarle regularly posts
information to www.albemarle.com, including notification of events,
news, financial performance, investor presentations and webcasts,
Regulation G reconciliations, SEC filings, and other information
regarding the company, its businesses and the markets we serve.
Forward-Looking Statements
Some of the information presented in this press release,
including, without limitation, statements with respect to the
proposed transaction with Rockwood, the use of proceeds from the
offering and all other information relating to matters that are not
historical facts may constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. There can be no assurance that actual results will not differ
materially. Factors that could cause actual results to differ
materially include, without limitation: changes in economic and
business conditions; changes in financial and operating performance
of our major customers and industries and markets served by us; the
timing of orders received from customers; the gain or loss of
significant customers; competition from other manufacturers;
changes in the demand for our products; limitations or prohibitions
on the manufacture and sale of our products; availability of raw
materials; changes in the cost of raw materials and energy; changes
in our markets in general; fluctuations in foreign currencies;
changes in laws and government regulation impacting our operations
or our products; the occurrence of claims or litigation; the
occurrence of natural disasters; the inability to maintain current
levels of product or premises liability insurance or the denial of
such coverage; political unrest affecting the global economy;
political instability affecting our manufacturing operations or
joint ventures; changes in accounting standards; the inability to
achieve results from our global manufacturing cost reduction
initiatives as well as our ongoing continuous improvement and
rationalization programs; changes in the jurisdictional mix of our
earnings and changes in tax laws and rates; changes in monetary
policies, inflation or interest rates; volatility and substantial
uncertainties in the debt and equity markets; technology or
intellectual property infringement; decisions we may make in the
future; the receipt and timing of necessary regulatory approvals
for the proposed transaction with Rockwood; the ability to finance
the proposed transaction with Rockwood; the ability to successfully
operate and integrate Rockwood's operations and realize estimated
synergies; and the other factors detailed from time to time in the
reports we file with the SEC. These forward-looking statements
speak only as of the date of this press release. We assume no
obligation to provide any revisions to any forward-looking
statements should circumstances change, except as otherwise
required by securities and other applicable laws.
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SOURCE Albemarle Corporation