Symrise AG has successfully completed the issue of a bond on the European capital market with a volume of €500 million. It will be used to refinance the two maturities in autumn at an early stage.
Previously: Symrise Supports Climate-Friendly Post-COVID Economic Development.
Olaf Klinger, chief financial officer of Symrise AG, said, "We are pleased about the good placement success for our latest Symrise bond. The high demand for our current issue underlines the confidence in our sustainable business model and our solid financing structure.”
The Eurobond has a term of seven years and a coupon of 1.375%. The placement was accompanied by a banking syndicate consisting of Commerzbank, Deutsche Bank, LBBW and Rabobank. It will be admitted to trading on the regulated market of the Luxembourg Stock Exchange with a denomination of €1,000.
