EANS-News: K+S Aktiengesellschaft / Financing the acquisition of Morton Salt K+S successfully arranges EUR 1.55 billion of Credit Facilities

K+S Aktiengesellschaft / Financing the acquisition of Morton Salt

K+S successfully arranges € 1.55 billion of Credit Facilities

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banks/capital investment/companies/merger, acquisition and takeover

Kassel (euro adhoc) - Kassel, 3 June 2009

Financing the acquisition of Morton Salt
K+S successfully arranges EUR 1.55 billion of Credit Facilities

K+S Aktiengesellschaft has signed a EUR 1.55 billion Syndicated
Term Loan and Revolving Credit Facilities (the "Facilities") on May
18, 2009. K+S will use the Facilities to finance the acquisition
of Morton Salt (transaction value of USD 1.675 billion) and for
general corporate purposes. With this transaction, K+S is one of
the first companies which successfully arranged such a broad
syndication in the banking sector within the last year. K+S
considers the oversubscription of the Syndicated Term Loan as a
positive confirmation of its strong financial basis.

The Facilities were arranged by the Mandated Lead Arrangers and
Bookrunners Bayerische Hypo- und Vereinsbank AG, Dresdner Kleinwort
and Société Générale Corporate & Investment Banking.

The Facilities are split into a EUR 500 million term loan facility
(Tranche A), a EUR 450 million amortizing term loan facility (Tranche
B) and a EUR 600 million revolving credit facility (Tranche C).
Tranche A has a 1 year maturity with a 6 months extension option,
Tranche B and Tranche C have a tenor of 3 years. Tranche C was
not syndicated as it was replaced by the existing June 2008 EUR 600
million Revolving Credit Facility on which all lenders have
consented to a waiver amending the terms and conditions of this
facility to be in line with the new Tranche C.

Syndication was launched on April 21st, 2009 and was very well
received in the market ending up in a substantial oversubscription.
Consequently K+S decided to increase the Facilities to EUR 1.55
billion from the launch amount of EUR 1.4 billion through
Tranche B.

The syndicate comprises the following banks:

Mandated Lead Arranger and Bookrunners: Bayerische Hypo- und
Vereinsbank AG, Dresdner Kleinwort and Société Générale Corporate
& Investment Banking

Mandated Lead Arrangers: BNP Paribas, Deutsche Bank AG, DZ Bank
AG, Grupo Santander, Helaba, HSBC Trinkaus und Burkhardt AG, HSH
Nordbank, LBBW, WestLB and RBS

Lead Arrangers:
Deutsche Postbank and Morgan Stanley

Experience growth The K+S Group is one of the world's leading
suppliers of speciality and standard fertilizers, plant care as
well as salt products. With its products and brands, K+S offers
its customers a range of needs-based goods and services which
provides growth opportunities in virtually every sphere of daily
life. The K+S Group employs more than 12,000 people and achieved
revenues of just under EUR 5.0 billion in 2008. K+S is quoted on
all German stock exchanges (ISIN: DE0007162000, symbol: SDF) and
listed on the DAX® share index. K+S is rated BBB+ (stable) by
Standard & Poor's and Baa2 (stable) by Moody's.

Your contact persons:

Press: Investor Relations:
Michael Wudonig Christian Herrmann
Phone: +49 561 9301-1262 Phone: +49 561 9301-1460
Fax: +49 561 9301-1666 Fax: +49 561 9301-2425
michael.wudonig@k-plus-s.com christian.herrmann@k-plus-s.com

Forward-looking statements
This press release contains facts and forecasts that relate to the future

development of the K+S Group and its companies. The forecasts are
estimates that we have made on the basis of all the information
available to us at this moment in time. Should the assumptions
underlying these forecasts prove not to be correct, actual events
may deviate from those expected at the present
time.oliver.morgenthal@k-plus-s.com

end of announcement euro adhoc
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ots Originaltext: K+S Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Your contact persons:

Press: Investor Relations:

Michael Wudonig Christian Herrmann

Phone: +49 561 9301-1262 Phone: +49 561 9301-1460

Fax: +49 561 9301-1666 Fax: +49 561 9301-2425

michael.wudonig@k-plus-s.com christian.herrmann@k-plus-s.com

Branche: Chemicals
ISIN: DE0007162000
WKN: 716200
Index: DAX, Midcap Market Index, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / regulated dealing
Hamburg / regulated dealing
Stuttgart / regulated dealing
Düsseldorf / regulated dealing
Hannover / regulated dealing
München / regulated dealing