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Exide Technologies issues $675 million of 8 5/8% Senior Notes in Rule 144A offering; issues tender offer for Senior Notes; and amends and restates $200 million ABL lending facility

January 2011

Client(s) Exide Technologies

Jones Day represented Exide Technologies, a manufacturer of stationary lead acid and nickel cadmium batteries, in connection with its Rule 144A offering of $675 million aggregate principal amount of 8 5/8% Senior Secured Notes due 2018 and concurrent tender offer and consent solicitation related to all of its outstanding 10 1/2% Senior Secured Notes due 2013. The joint book-running managers included Deutsche Bank Securities Inc., Morgan Stanley & Co. Incorporated, Wells Fargo Securities, LLC, Barclays Capital Inc., and SunTrust Robinson Humphrey, Inc. Deutsche Bank Securities Inc. served as dealer manager for the tender offer and consent solicitation.

Simultaneously with the closing of the Notes offering, Jones Day also advised Exide Technologies in connection with its $200 million syndicated cross-border asset-based lending facility involving the release and/or granting of collateral in approximately 15 jurisdictions.

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