Senvion S.A.: Final offer price set at EUR 15.75 per share

Final offer price set at EUR 15.75 per share

– Total offer volume amounts to EUR 294 million

– Market capitalization of EUR 1.02 billion

– Free-float expected to be approximately 28.75%

Hamburg: The current owners of Senvion S.A. (“Senvion”), Centerbridge and Arpwood, after consultation with Senvion and in coordination with the Joint Global Coordinators, have today set the final offer price for Senvion shares at EUR 15.75 per share. The Senvion shares will be traded on the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the trading symbol SEN and the International Securities Identification Number (ISIN) LU1377527517 from 23 March 2016.

A total of 18,687,500 shares were placed with investors in the private placement, including 16,250,000 base shares from the holdings of the existing shareholders and an additional 2,437,500 shares, also from the holdings of the current owners, of over-allotments. In order to cover over-allotments, the selling shareholders have granted the underwriters an option to purchase up to 2,437,500 shares in addition to the base shares at the offer price (the “Greenshoe Option”). Centerbridge and Arpwood will together retain a stake of approximately 71.25% of the Company’s share capital, assuming full exercise of the Greenshoe Option. The total offer volume, including over-allotments, amounts to about EUR 294 million and equates to a market capitalization of EUR 1.02 billion for Senvion.

Juergen Geissinger, CEO of Senvion, said: “We are pleased with the level of interest shown by investors in this offering and the confidence that they have placed in Senvion. The success of this offer is testament to the considerable work that has been put in place to build a market leader in the sector. Our clear objective is to build upon this success through innovation, product and client development and international expansion for the benefit of our investors and all of the stakeholders in our company.”

Centerbridge and Arpwood have agreed to a lock-up period of six months, commencing on 7 March 2016 and ending six months after the closing of the private placement. Under the lock-up agreement, the pre-placement shareholders cannot sell their Senvion shares during the lock-up period without the consent of the majority of the Joint Global Coordinators. Senvion management has also committed to a lock-up period commencing on 7 March 2016 and ending six months after the closing of the private placement.

Deutsche Bank, J.P. Morgan and Citigroup are acting as Joint Global Coordinators and Joint Bookrunners. BofA Merrill Lynch, Barclays, Berenberg and Morgan Stanley are acting as Joint Bookrunners. Raiffeisen Bank International and Banco Santander are acting as Co-Managers. Rothschild is acting as financial adviser to Senvion.