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Symrise Issues €75 million Promissory Loan Note
Posted: May 13, 2009
Symrise AG (Holzminden, Germany) has issued a promissory loan note of €75 million to strengthen its capital base. In addition to supporting capital, proceeds from the issue offers the company an opportunity to obtain additional financing on foreign capital markets.
Of the issue, Symrise’s CFO Dominique Yates said, “Given the current challenges on the financial markets, we see oversubscription as powerful evidence of the trust that investors have in us.”