dsm-firmenich 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. 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.