Bekaert announced on 2 December 2010 that it would issue, through NV Bekaert SA, 8-year bonds for an expected minimum total amount of € 100 million in the form of a public offering in Belgium and the Grand Duchy of Luxembourg.
As a result of major success of this issue, the subscription period will be early terminated on 7 December at 6:00 p.m. CET, as agreed between the issuer and the joint lead managers, BNP Paribas Fortis and KBC Bank.
The aggregate nominal amount of Bonds to be issued on 23 December 2010 has been fixed by the issuer at € 100 million. The net proceeds to be paid to the issuer on the issue date amounts to € 99 880 000.
More information is available in the press release of 2 December 2010 issued by Bekaert and in the Prospectus which is published on www.bekaert.com and available with the joint lead managers2.