dsm-firmenich today announces that it has successfully concluded a new €1.8 billion revolving credit facility (RCF) to replace existing RCF arrangements which expire in 2025: DSM’s €1 billion RCF and Firmenich’s CHF750 million RCF.

The syndicated facility, which dsm-firmenich entered into with a group of 15 banks, has a tenor of five years and two one-year extension options. In addition, the facility is available for general corporate purposes of the Group.

The new RCF is a strong pillar in the Group’s financing strategy. It helps to centralize and streamline dsm-firmenich’s financing structure, and it underpins the group’s financial flexibility. The transaction also confirms the strong relationship dsm-firmenich has with its international and regional financial partners.