Bonds issue: Givaudan announces the successful placement of CHF 250 mln of Swiss franc bonds
Givaudan today announces the successful placement of CHF 250 million straight bonds in the domestic market. The CHF 250 million bond has a maturity of 7.5 years until May 2031.
The bond carries a fixed coupon rate of 2.375%. The initial coupon payment is scheduled for 23 May 2024, with subsequent payments occurring annually thereafter.
The proceeds of the bonds will be used for general corporate purposes.