Exhibit 99.1
Hillenbrand Announces Launch and Pricing
of $150 Million Notes Offering
of $150 Million Notes Offering
BATESVILLE, Indiana, July 6, 2010, Hillenbrand, Inc. (NYSE: HI) – /PR Newswire-First Call/ –
Hillenbrand, Inc. has announced the launch and pricing of its public offering of $150 million
aggregate principal amount of 5.5 percent notes due July 15, 2020. The offering is expected to
close on or about July 9, 2010, subject to customary closing conditions.
Hillenbrand intends to use the net proceeds from this offering to repay a portion of the
outstanding borrowings under its $400 million revolving credit facility that were incurred to fund
the acquisition of K-Tron International, Inc. and for general corporate purposes, including working
capital.
J.P. Morgan and Goldman, Sachs & Co. are acting as joint bookrunning managers for the offering. A
prospectus relating to this offering may be obtained by contacting J.P. Morgan collect at
212-834-4533 or Goldman, Sachs & Co. at 1-866-471-2526.
This press release appears as a matter of record only and does not constitute an offer to sell or
the solicitation of an offer to buy, nor shall there be any sale of these securities in any state
or other jurisdiction in which the offer, solicitation or sale would be unlawful.
About Hillenbrand, Inc.
Hillenbrand, Inc. is a diversified enterprise with multiple subsidiaries focused around two
separate operating businesses. Batesville Casket is a leader in the North American death care
industry through the sale of funeral services products, including burial caskets, cremation
caskets, containers and urns, selection room display fixturing, and other personalization and
memorialization products. K-Tron International is a recognized leader in the design, production,
marketing and servicing of material handling equipment and systems. The company serves many
different industrial markets through two product lines. The Process Group focuses primarily on
feeding and pneumatic conveying equipment, doing business under two main brands: K-Tron Feeders and
K-Tron Premier. The Size Reduction Group concentrates on size reduction equipment, conveying
systems and screening equipment, operating under three brands: Pennsylvania Crusher, Gundlach and
Jeffrey Rader. HI-INC-F
Disclosure Regarding Forward-Looking Statements
Throughout this release, we make a number of forward-looking statements (as defined in the
Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended), including statements regarding our intended use of proceeds and the anticipated closing
of the notes offering. As the words imply, forward-looking statements are statements about the
future, as contrasted with historical information. Our forward-looking statements are based on
assumptions and current expectations of future events that we believe are reasonable, but by their
very nature they are subject to a wide range of risks. If our assumptions prove inaccurate or
unknown risks and uncertainties materialize, actual results could vary materially from our
expectations and projections.
Words that could indicate we’re making forward-looking statements include the following:
intend
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believe | plan | expect | may | goal | would | ||||||
become
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pursue | estimate | will | forecast | continue | could | ||||||
targeted
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encourage | promise | improve | progress | potential | should |
This isn’t an exhaustive list, but is simply intended to give you an idea of how we try to
identify forward-looking statements. The absence of any of these words, however, does not mean
that the statement is not forward-looking.