Evonik Industries AG in Dual Listing and Private Placement

Cleary Gottlieb represented Deutsche Bank and MainFirst Bank as listing and placement agents in the dual listing of Evonik Industries AG’s shares on the regulated market of the Frankfurt Stock Exchange (Prime Standard) and on the regulated market of the Luxembourg Stock Exchange as well as in the simultaneous private placement of 10.718 million Evonik shares (including overallotment) from the holdings of RAG Foundation and funds advised by CVC Capital Partners.

The private placement was made solely to institutional investors, including to qualified institutional buyers in the United States according to Rule 144A, at a price of €32.20 per Evonik share.

Listing and commencement of trading in the shares, as well as the closing of the private placement occurred in April 2013.

Evonik is one of the world’s leading specialty chemicals companies that currently operates in more than 100 countries worldwide.

RAG Foundation is a civil-law foundation established in 2007. Its purpose is to build up assets by 2018 in order to fund long-term liabilities from German coal mining activities from 2019 onwards. Under the Foundation’s statutes, this objective is to be achieved by means of an initial public offering of Evonik Industries AG.

CVC Capital Partners is one of the world’s leading private equity and investment advisory firms, founded in 1981.