Bayer AG - Annual Report 2006

Awards 2006/2007

Finance

Zoom image

Treasurer Deals of the Year (from left): Thomas Böttger and Henryk Wuppermann, representing Bayer’s Finance Department, with jury member Nick Mourant

In January 2007 Bayer received the “Treasurer Deals of the Year” award (Equity and Equity Linked category) of the Association of Corporate Treasurers in the U.K. for its mandatory convertible bond, which was successfully placed with institutional investors at the end of March 2006. The €2.3 billion bond, issued in connection with the takeover offer for Schering AG, is mandatorily convertible into Bayer AG shares.

In 2006 the magazine International Financing Review presented the company with the IFR Award 2005 in the category “Euro Investment-Grade Corporate Bonds” for its hybrid bond, while the British financial magazine EuroWeek honored Bayer with the illustrious “Corporate Bond of the Year” designation.

Bayer AG’s investor relations website received its fourth successive award from U.S.-Brazilian IR communications consultants MZ Consult in the IR Global Rankings 2007. The Bayer site won first place among 145 companies from 33 countries in the “Industrials & Health Care” category and second place overall. The online version of the 2005 Annual Report was named best corporate online annual report in the world.