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Symrise AG Issues €800M Bond, Trading on Luxembourg Stock Exchange

Symrise AG secures €800 million in a bond issuance, opening new financing opportunities. The bond, with a 3.250% fixed coupon, is now trading on the Luxembourg Stock Exchange.

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Symrise AG Issues €800M Bond, Trading on Luxembourg Stock Exchange

Symrise AG, a global supplier of fragrances and flavours, has issued a €800 million bond. The bond has been admitted to trading on the Luxembourg Stock Exchange. White & Case LLP advised Symrise AG on this transaction.

The bond, with a term of seven years, carries a fixed coupon of 3.250%. It was issued through a syndicate consisting of Banco Santander, S.A., Commerzbank Aktiengesellschaft, Deutsche Bank Aktiengesellschaft, and Société Générale.

The legal team at White & Case LLP, led by partner Karsten Wöckener, played a crucial role. They were supported by local partner Peter Becker and associates Darleen Stöckl and Domenik Mack, all based in Frankfurt.

The bond issuance, advised by White & Case LLP, is a significant step for Symrise AG. It allows the company to raise funds at a competitive rate, with the bond now trading on the Luxembourg Stock Exchange.

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