Givaudan today announces the successful dual tranche placement of EUR 1,300 million of senior debt notes (the 'Notes'). The EUR 1,300 million Notes carry respectively a maturity of 7 years until September 2025 (EUR 500 million) and 12 years until September 2030 (EUR 800 million).

The Notes will be issued by Givaudan S.A. to a repackaging vehicle (Argentum Netherlands B.V.), with the repackaging vehicle in turn issuing notes to investors that are secured by the Notes. The coupons on the Notes are fixed at 1.125% and 2.000% respectively.

The proceeds of the Notes issuance will be used for general corporate purposes, including the refinancing of the acquisition bridge facility in relation to the acquisition of Naturex.

For further information please contact

Peter Wullschleger, Media and Investor Relations
T +41 22 780 9093
Epeter_b.wullschleger@givaudan.com

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Givaudan SA published this content on 10 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 September 2018 16:11:06 UTC