The proceeds of the bonds will be used to refinance existing CHF bond maturities and for general corporate purposes.
Givaudan has announced the successful dual tranche placement of CHF 300 million of straight bonds in the domestic market.
Related: Givaudan to Acquire Custom Essence
The CHF 300 million bonds carry a maturity of 5.5 years until June 2027 (CHF 150 million) and 8.5 years until June 2030 (CHF 150 million), respectively.
The coupons on the bonds are fixed at 0.125% for the 5.5 years’ maturity and 0.375% for the 8.5 years maturity respectively.
The proceeds of the bonds will be used to refinance existing CHF bond maturities and for general corporate purposes.
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