Syensqo has announced it will exercise its make-whole redemption option to redeem its €500,000,000 2.750% fixed-rate bonds due December 2, 2027. The move follows formal notifications to the Agent, the Calculation Agent, the National Bank of Belgium, and the Luxembourg Stock Exchange, where the bonds are listed.

 

The redemption is set for March 31, 2026. All outstanding bonds will be redeemed at the make-whole redemption amount plus accrued interest to the redemption date. The exact redemption sum will be calculated by the Calculation Agent and communicated to bondholders in line with the bonds’ terms.

 

“By exercising this make-whole option, we are efficiently allocating available cash resources, deleveraging and further strengthening our strong investment-grade profile,” said Christopher Davis, Chief Financial Officer of Syensqo.