Global law firm Clifford Chance has advised the managers on dsm-firmenich’s, innovators in nutrition, health, and beauty, successful launch of a €750 million bond with an 11-year maturity due in 2036, at a coupon of 3.375%.
The bond will be issued by DSM B.V. and will be guaranteed by DSM-Firmenich AG pursuant to the previously established cross-guarantee structure.
The proceeds of the new bond will be used for general corporate purposes, including the refinancing of existing indebtedness. The bonds are listed on the Luxembourg Stock Exchange. Read more about the transaction.
Citigroup, Rabobank, J.P. Morgan, BofA Securities, Goldman Sachs and Commercial Bank of China acted as managers on this issuance.
This transaction builds on Clifford Chance’s market-leading Debt Capital Markets practice and sector expertise with a cross border character. The Clifford Chance team consisted of Dewi Walian, Tineke Kothe, Marina Sarkisjan and Dounia Endlich (Global Financial Markets) and Nolan Groenland, Robin Houtveen and Johan Anton Niesten (Tax).
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