Symrise AG, a leading global supplier of fragrances and flavors, cosmetic ingredients as well as functional ingredients, today announced that it has successfully completed the inaugural issue of a rated bond on the European debt capital market.

The bond, with a volume of €800 million, received high demand from international investors and was financed on very attractive terms. The proceeds of the bond will be used primarily for early refinancing of debt maturities in autumn 2025.

Olaf Klinger, Chief Financial Officer of Symrise AG, said: "We are pleased to announce the successful placement of this bond. The high demand for our current issue underscores investor confidence in our sustainable and robust business model as well as our solid financing structure.”

The Eurobond has a maturity of 7 years and carries a coupon of 3.25 %. Moody’s Ratings assigned a Baa1 instrument rating with a stable outlook to Symrise AG. The placement was supported by a banking syndicate comprising Banco Santander, S.A., Commerzbank AG, Deutsche Bank AG, Société Générale and will be admitted to trading on the regulated market of the Luxembourg Stock Exchange with a denomination of € 1,000 (ISIN XS3178086230).