dsm-firmenich issues €750 million long-term bond
19 Fevereiro 2025 - 3:00AM
UK Regulatory
dsm-firmenich issues €750 million long-term bond
Press Release
dsm-firmenich issues €750 million long-term
bond
Kaiseraugst (Switzerland), Maastricht (Netherlands), February
19, 2025
dsm-firmenich today announces the successful launch of a €750
million bond with an 11-year maturity due in 2036, at a coupon of
3.375%. The bond will be issued by DSM B.V. and will be guaranteed
by DSM-Firmenich AG pursuant to the previously established
cross-guarantee structure.
The proceeds of the new bond will be used for general corporate
purposes, including the refinancing of existing indebtedness.
The terms are laid down in the €8 billion Debt Issuance Program
of dsm-firmenich alongside the Final Terms of this issuance, both
of which are available here.
The re-offer price for the 11-year bond tranche was 98.875%.
Based on this price, the yield is 3.500%. The bonds will shortly be
listed on the Luxembourg Stock Exchange.
DSM-Firmenich AG is rated A3 (stable outlook) by Moody’s and A-
(stable outlook) by S&P.
For more information, please contact:
dsm-firmenich investor relations enquiries:
Email: investors@dsm-firmenich.com
dsm-firmenich media enquiries:
Email: media@dsm-firmenich.com
About dsm-firmenich
As innovators in nutrition, health, and beauty, dsm-firmenich
reinvents, manufactures, and combines vital nutrients, flavors, and
fragrances for the world’s growing population to thrive. With our
comprehensive range of solutions, with natural and renewable
ingredients and renowned science and technology capabilities, we
work to create what is essential for life, desirable for consumers,
and more sustainable for the planet. dsm-firmenich is a Swiss
company with dual headquarters in Kaiseraugst, Switzerland and
Maastricht, Netherlands, listed on the Euronext Amsterdam, with
operations in almost 60 countries and revenues of more than €12
billion. With a diverse, worldwide team of nearly 30,000 employees,
we bring progress to life every day, everywhere, for billions of
people. www.dsm-firmenich.com
Disclaimer
This press release does not constitute or form part of, an offer
or any solicitation of an offer for securities in any jurisdiction.
This communication is not for release, distribution or publication,
whether directly or indirectly and whether in whole or in part,
into or in the United States of America or any (other) jurisdiction
where any of such activities would constitute a violation of the
relevant laws of such jurisdiction.
The offer of bonds referred to in this communication was limited
in the EEA and the United Kingdom to qualified investors only. The
bonds have not been and will not be registered under the US
Securities Act of 1933, as amended (the “US Securities Act”) and
will also not be registered with any authority competent with
respect to securities in any state or other jurisdiction of the
United States of America. The bonds may not be offered or sold in
the United States of America without either registration of the
securities or an exemption from registration under the US
Securities Act being applicable.
The English language version of this press release prevails over
other language versions.
- Press release_dsm-firmenich issues €750 million long-term
bond_20250219_Final
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