Givaudan has announced the successful dual tranche placement of CHF 300 million of straight bonds in the domestic market.
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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.