Syensqo Announces Pricing of 1.2 billion euro-denominated Bond Offering

Core Viewpoint - Syensqo SA has successfully priced a €1.2 billion bond offering, which will be utilized for general corporate purposes and is expected to be listed on the Luxembourg Stock Exchange [1][2]. Group 1: Bond Offering Details - The bond offering consists of two tranches: €600 million of 3.375% bonds due in 2031 at an issue price of 99.674% and €600 million of 4% bonds due in 2035 at an issue price of 99.789% [8]. - The proceeds from the bond issuance will be directed towards general corporate purposes, enhancing the company's financial flexibility [1]. Group 2: Market Reception and Company Position - The bond issuance follows a successful USD 1.2 billion bond issuance in 2024, indicating strong demand from institutional investors and reflecting confidence in Syensqo's credit profile and growth strategy [2]. - The transaction marks a significant achievement for Syensqo, establishing the company as a notable issuer in the euro bond market and further strengthening its balanced financial profile [2]. Group 3: Company Overview - Syensqo is a science company focused on developing innovative solutions that improve various aspects of life, work, travel, and play, with a global team of over 13,000 associates [12]. - The company's innovations contribute to safer, cleaner, and more sustainable products across multiple sectors, including consumer goods, transportation, and healthcare [13].