Key highlights
- Symrise issued a €800 million bond on the European debt capital market.
- The bond has a 7-year maturity and a 3.25% coupon.
- Proceeds will refinance debt maturing in autumn 2025.
- Moody's assigned a Baa1 rating with a stable outlook.
Bond Issuance
Symrise AG has successfully issued a €800 million bond in the European debt capital market. The bond attracted significant interest from international investors.
Bond Details
The bond has a maturity of 7 years and carries a coupon rate of 3.25%. It will be traded on the regulated market of the Luxembourg Stock Exchange.
Use of Proceeds
The funds raised will primarily be used for early refinancing of debt maturing in autumn 2025.
Credit Rating
Moody's Ratings has assigned a Baa1 instrument rating with a stable outlook to the bond.
