CSL Completes Debt Refinancing

CSL Completes Debt Refinancing

Melbourne, Australia — 09/11/2011

• the US$750 million private placement in the US; and
• the equivalent of approximately AU$800 million, at current exchange rates, in new lines of credit with its banks.

The US private placement and the new lines of credit were foreshadowed in CSL’s full year results announcement in August and further details were provided in CSL’s presentations by its Chairman and Managing Director at its Annual General Meeting in October.

As previously announced, these new funds will be used to repay existing debt, to fund CSL’s capital management plan, including the on-market share buybackⁱ of up to AU$900 million announced at the Annual General Meeting, and for general corporate purposes and the lines of credit will be drawn down progressively on an as required basis.


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