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Novonesis issues EUR 1.7 billion senior unsecured notes
Globenewswire· 2026-03-13 08:56
Core Viewpoint - Novonesis successfully priced and closed EUR 1.7 billion senior unsecured notes under a new EMTN Programme, indicating strong market confidence and financial strategy [1][2]. Group 1: Issuance Details - The issuance consists of three tranches with maturities ranging from 4 to 11 years and fixed interest rates between 3.25% and 4.00% [2]. - The Notes will be issued on March 19, 2026, and will be listed on the Luxembourg Stock Exchange [2]. Group 2: Financial Strategy - The net proceeds from the transaction will be utilized to refinance existing debt and for general corporate purposes [3]. - Novonesis has received an A- rating with a stable outlook from Standard & Poor's (S&P), reflecting its creditworthiness [2].