People & Business :: Earnings/Finance
Symrise secures financing for Diana acquisition through $680 million bond issue
1:00 PM MDT | July 3, 2014 | Michael Ravenscroft
Symrise (Holzminden, Germany) says it has secured financing for its €1.3 billion ($1.78 billion) acquisition of the Diana Group by issuing a bond for €500 million. The company says that the bond was oversubscribed ‘several times.’ The bond is part of a comprehensive financing concept of €1.3 billion, which will be used by Symrise to finance the acquisition—the largest in the company’s history—over the long term. “With the bond successfully issued, our long-term financing concept for the Diana acquisition is...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee