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Rockwood Announces Pricing Of $1.250 Billion Of Senior Notes

Rockwood Holdings, Inc. (NYSE: ROC) today announced the pricing of the public offering by its indirect wholly-owned subsidiary Rockwood Specialties Group, Inc. (“RSGI”) of $1.250.0 billion of 4.625% Senior Notes due 2020 (the “Notes”), which was increased from the previously announced $750.0 million offering. The closing of the offering is expected to occur on September 25, 2012, subject to customary closing conditions.

The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Rockwood Holdings and each of RSGI’s existing and future domestic subsidiaries that is a guarantor under RSGI’s senior secured credit facilities. The Notes will pay interest at a rate of 4.625% per annum semi-annually on April 15 and October 15 of each year, commencing April 15, 2013. The Notes will mature on October 15, 2020.

Rockwood will use the net proceeds from the sale of the Notes to prepay $250 million of its term loan B, and to fund general corporate purposes, which may include, among other things, strategic investments and acquisitions, capital expenditures and additional repayment of other debt.

Deutsche Bank Securities, Citigroup, Morgan Stanley and UBS Investment Bank are serving as joint book-running managers for the offering, with KKR and Lazard Capital Markets acting as co-managers.

The Notes were offered pursuant to an automatically effective registration statement filed with the Securities and Exchange Commission. A preliminary prospectus supplement relating to the offering has been filed with the Securities and Exchange Commission. Copies of the preliminary prospectus supplement and accompanying prospectus may be obtained by contacting the joint book-running managers at:

Deutsche Bank Securities

Email: prospectus.CPDG@db.com

Toll Free: 800-503-4611

 

Citigroup

Attention: Prospectus Department

Brooklyn Army Terminal

140 58th Street, 8th Floor

Brooklyn, New York 11220

Phone: (800) 831-9146

batprospectusdept@citi.com

 

Morgan Stanley

Toll Free: 1-866-718-1649

 

UBS Investment Bank

299 Park Avenue

New York, New York 10171

Attention: Prospectus Specialist

Telephone: 877-827-6444, ext. 561 3884

 

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

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