GrafTech Agrees to Acquire Seadrift Coke L.P. and C/G Electrodes LLC, Concludes $260 Million Revolving Credit Facility Refinancing and Reports GrafTech's First Quarter 2010 Results

GrafTech International Ltd. (NYSE:GTI) announced that it has signed Agreements to acquire the remaining interest in Seadrift Coke L.P. (Seadrift), the world's second largest petroleum-based needle coke producer, and all of the equity interest in C/G Electrodes LLC (C/G), a US-based graphite electrode producer, for an aggregate of $692 million1 (net of $74 million allocable to GrafTech for its existing interests in Seadrift). GrafTech also announced the successful completion of the refinancing of its principal revolving credit facility and reported financial results for the first quarter ended March 31, 2010. Seadrift, C/G Transaction Highlights Under the Agreements, GrafTech will become...

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