Titanox bank press release final.doc - Commerzbank ...

Press release
5 March 2007
Commerzbank Corporates and Markets and UBS Investment Bank act
as joint Mandated Lead Arrangers, Underwriters and Bookrunners of
the EUR 500 million debt package supporting the acquisition of Oxea
Group by Advent International
Commerzbank Corporates and Markets and UBS Investment Bank announced today that they are acting
as joint Mandated Lead Arrangers, Underwriters and Bookrunners of the debt package supporting the
acquisition of Oxea Group by Advent International (“Advent”), comprising Celanese Corporation’s oxo
products and derivatives businesses together with European Oxo GmbH (“EOXO”), a joint venture
between Celanese AG and Degussa AG. The transaction was closed and funded on February 28 th 2007.
The transaction encompasses oxo and derivative businesses at Celanese’s Oberhausen (Germany) and
Bay City (Texas) facilities as well as portions of its Bishop (Texas) facility. EOXO’s facilities within the
Oberhausen and Marl (Germany) plants are also included in the acquisition. As part of the transaction,
Celanese will transfer all of the EOXO business to Advent, including Degussa’s 50 percent interest of the
venture.
The debt financing of EUR 500 million consists of Senior Priority and Second Lien Facilities. Further
details on structure, terms and conditions of the financing have not yet been released. Debt syndication is
expected to begin shortly.
ENDS
For further information, please contact:
Commerzbank Corporates and Markets
Lucy Gray, Leveraged Finance London +44 20 7469 3910
Sean Costello, Loan Distribution London +44 20 7469 3924
Claire Tappenden, Corporate Communications +44 20 7653 7958
UBS Investment Bank
Jonathan Macdonald, Head of Global Syndicated Finance +44 20 756 86929

Notes to Editors
Commerzbank Corporates and Markets
Commerzbank Corporates and Markets (CBCM) is the integrated Corporate and Investment Banking
division of Commerzbank AG.
CBCM provides a broad range of Commercial and Investment Banking products to corporate and
institutional clients. The business incorporates capital markets activities in credit, equities, interest rates
and foreign exchange with a strong focus on derivatives and structured products.
As a division of one of Germany’s leading financial institutions and with the backing of a Eur 608.3bn
balance sheet (31.12.06) CBCM provides clients with capital and debt raising solutions and access to a
broad range of investment and risk management products across all major asset classes