dsm-firmenich issues €1.5 billion long-term bonds

Core Viewpoint - dsm-firmenich has successfully launched a €1.5 billion dual-tranche bond issuance aimed at refinancing existing bond maturities [1][2] Group 1: Bond Issuance Details - The bond issuance consists of two tranches: €750 million fixed-rate notes due 2031 with a yield of 3.00% and €750 million fixed-rate notes due 2038 with a yield of 3.75% [2][8] - The re-offer price for the 5-year bond tranche was set at 99.886%, resulting in a yield of 3.025% [2] - The re-offer price for the 12-year bond tranche was set at 99.100%, resulting in a yield of 3.845% [2] Group 2: Company Overview - dsm-firmenich is a Swiss company listed on the Euronext Amsterdam, with operations in nearly 60 countries and revenues exceeding €12 billion [4] - The company employs around 30,000 people globally and focuses on nutrition, health, and beauty, providing essential nutrients, flavors, and fragrances [4] - dsm-firmenich holds an A3 rating (stable outlook) from Moody's and an A- rating (stable outlook) from S&P [3]