Symrise Secures €800M Bond for Long-Term Financing
Symrise AG, a global fragrance and flavour manufacturer, has successfully issued a €800 million bond. The bond, with a fixed coupon of 3.250% and a term of seven years, has been admitted to trading on the Luxembourg Stock Exchange. Global law firm White & Case LLP advised Symrise on this transaction.
White & Case's Frankfurt team, led by partner Karsten Wöckener and local partner Peter Becker, played a crucial role in the bond issue. Associates Darleen Stöckl and Domenik Mack also contributed to the advisory services. The bond was issued through a syndicate comprising Banco Santander, S.A., Commerzbank Aktiengesellschaft, Deutsche Bank Aktiengesellschaft, and Société Générale. This issuance allows Symrise to secure long-term financing for its operations and growth strategies.
Symrise's €800 million bond issue, advised by White & Case, has been successfully concluded. The bond, with a seven-year term and a fixed coupon of 3.250%, is now trading on the Luxembourg Stock Exchange. This issuance reflects Symrise's confidence in its future prospects and the strength of its financial position.
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