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Symrise Finances Diana Acquisition through Bond Issuance

Posted: July 3, 2014

Symrise AG has secured the financing for acquiring the Diana Group by issuing a bond. The €500 million bond was oversubscribed several times as part of a comprehensive financing concept totaling €1.3 billion.

Due to a capital increase based on authorized capital, Symrise achieved proceeds from the issue of around €400 million in May 2014. In June 2014, the company secured short and medium-term borrowings from its primary banks amounting to €400 million.