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Symrise Issued €300 Million Bond
Posted: October 20, 2010
For the first time in company history, Symrise AG (Holzminden, Germany) issued a bond with a volume of €300 million. The bond has a duration of seven years and a coupon of 4.125%. It was offered to institutional and retail investors in Europe. The bond, which was four times oversubscribed, is the core element of a refinancing concept, and will be used for an early redemption of existing debt and to establish longer-term financing for the company.