Solvay SA completed the placement of its inaugural bond transaction, which represents another important milestone after the partial demerger of its Specialty Businesses in December 2023. The 4-year ?750 million bond maturing on April 3rd, 2028, and the 7.5-year ?750 million bond maturing on October 3rd, 2031, will have coupons of 3.875% and 4.250% respectively. Bond settlement is scheduled for April 3, 2024, with trading expected to begin on the Euro MTF market of the Luxembourg Stock Exchange around the same time.

In alignment with its prudent financial policy, the proceeds will be used for general corporate purposes, including the refinancing of the EUR 1.5 billion bridge facility set up at the end of 2023 in relation to the partial demerger.