DULUTH, Ga.--(BUSINESS WIRE)--Nov. 28, 2011-- AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, today announced the pricing of its offering of $300 million aggregate principal amount of its 5.875% Senior Notes due 2021 in a private placement. The notes were priced at 100% of par value. The offering is expected to close on December 5, 2011 subject to customary closing conditions. AGCO estimates that its net proceeds from the offering will be approximately $297.1 million after offering expenses, and intends to use such net proceeds to finance in part the previously announced acquisition of GSI Holdings Corp.

The notes will be sold to qualified institutional buyers pursuant to Rule 144A (and outside the United States in reliance on Regulation S) under the Securities Act of 1933, as amended. The notes have not been registered under the Securities Act or applicable state securities laws, and may not be offered or sold absent registration under the Securities Act or applicable state securities laws or applicable exemptions from registration requirements.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c of the Securities Act.

Safe Harbor Statement

Statements made in this press release, including those related to AGCO’s plans to issue the notes, its application of the proceeds from the notes, and its acquisition of GSI Holdings Corp., are forward-looking statements. These statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. Among other things, the closing conditions for the offering of the notes may not be satisfied. These factors are not intended to be an all-encompassing list of risks and uncertainties that may affect AGCO’s business. Further information concerning these and other factors is included in AGCO’s filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2010. AGCO disclaims any obligation to update any forward-looking statements except as required by law.


AGCO, Your Agriculture Company, (NYSE: AGCO), a Fortune 500 company, was founded in 1990 and offers a full product line of tractors, combines, hay tools, sprayers, forage equipment, tillage, implements, and related replacement parts. AGCO agricultural products are sold under the core brands of Challenger®, Fendt®, Massey Ferguson® and Valtra® and are distributed globally through approximately 2,650 independent dealers and distributors in more than 140 countries worldwide. Retail financing is available through AGCO Finance for qualified purchasers. AGCO is headquartered in Duluth, GA, USA. In 2010, AGCO had net sales of $6.9 billion.

Source: AGCO

Investor contact:
Greg Peterson, 770-232-8229