DGAP-Adhoc: IFCO SYSTEMS N.V. started comprehensive refinancing including the placement of a new EUR 180 million bond

IFCO SYSTEMS N.V. / Corporate Action

02.06.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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IFCO SYSTEMS N.V. started comprehensive refinancing including the placement
of a new EUR 180 million bond

IFCO SYSTEMS N.V. has started concrete refinancing activities in order to
refinance its EUR 110 million senior secured notes due in October 2010 and
roll over its existing revolving credit facility of EUR 65 million due in
June 2010.

The board of managing directors of IFCO SYSTEMS N.V., with the approval of
the supervisory board, resolved to launch a new EUR 180 million proposed
bond with a maturity in 2016. The issuer of the bond will be IFCO SYSTEMS
N.V.. IFCO SYSTEMS N.V. intends to list the proposed bond on the Official
List of the Luxembourg Stock Exchange for admission to trading on the Euro
MTF.

The proceeds of the planned issue will be used, inter alias, to pay back
IFCO's existing bond, the 10 3/8% guaranteed senior secured notes due 2010
and pay down the existing revolving credit facility.


This release contains forward-looking statements that reflect Management's
current view with respect to future events. All statements contained in
this release are not clearly historical in nature or necessarily depend on
future events are forward-looking. The words 'anticipate', 'believe',
'expect', 'estimate', 'planned' and similar expressions are generally
intended to identify forward-looking statements. These statements are based
on current expectations, estimates and projections of the Management on
currently available information. They are not guarantees of future
performance, involve certain risks and uncertainties that are difficult to
predict and are based upon assumptions as to future events that may not
prove to be accurate. Many factors could cause the actual results,
performance or achievements to be materially different from those that may
be expressed or implied by such statements. We do not intend or assume any
obligation to update the forward-looking statements contained in this
release, which speaks only as of the date on which it is made.

Disclaimer
This announcement does not constitute or form any part of an offer to sell
or a solicitation to purchase securities in the United States. The proposed
bond of IFCO SYSTEMS N.V. (the 'Securities') have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the
'Securities Act'). Securities may not be offered or sold in the United
States unless registered under the Securities Act or pursuant to an
exemption from registration. There will be no public offering of the
Securities in the United States.
This announcement and the information contained herein are not for
publication, distribution or release in/or into the United States.


For more information, contact:
Michael W. Nimtsch
Chief Financial Officer 
IFCO SYSTEMS     
Zugspitzstr. 7 
82049 Pullach       
Tel +49 89 744 91 121  
Michael.Nimtsch@ifco.de


DGAP 02.06.2009 
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Language:     English
Issuer:       IFCO SYSTEMS N.V.
              Evert van de Beekstraat 310
              1118 CX Schiphol Centrum
              Niederlande
Phone:        +31 20 6541854
Fax:          +31 20 6541801
E-mail:       sabine.preiss@ifco.de
Internet:     www.ifco.de
ISIN:         NL0000268456
WKN:          157670
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, München, Düsseldorf
 
End of News                                     DGAP News-Service
 
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