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Givaudan announces the successful placement of EUR 1,300 million of senior debt

10 Sep 2018 · 17:22 CEST

Givaudan today announces the successful dual tranche placement of EUR 1,300 million of senior debt notes (the “Notes”). The EUR 1,300 million Notes carry respectively a maturity of 7 years until September 2025 (EUR 500 million) and 12 years until September 2030 (EUR 800 million).

The Notes will be issued by Givaudan S.A. to a repackaging vehicle (Argentum Netherlands B.V.), with the repackaging vehicle in turn issuing notes to investors that are secured by the Notes. The coupons on the Notes are fixed at 1.125% and 2.000% respectively.

The proceeds of the Notes issuance will be used for general corporate purposes, including the refinancing of the acquisition bridge facility in relation to the acquisition of Naturex.

For further information please contact

Peter Wullschleger, Media and Investor Relations
T +41 22 780 9093