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Abonner Symrise AG

Symrise AG

EANS-News: Symrise AG issues bond with a volume of 300 million EUR

Holzminden (euro adhoc) -

•	Second element of comprehensive refinancing concept successfully 
completed
 •	Four times oversubscription demonstrates strong interest
of investors 
 •	Duration of seven years 
 •	Coupon of 4.125 %
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Capital measures/Company Information
Subtitle: •	Second element of comprehensive refinancing concept 
successfully completed •	Four times oversubscription demonstrates 
strong interest of investors •	Duration of seven years •	Coupon of 
4.125 %
For the first time in company history
Symrise AG has issued a bond with a volume of 300 million EUR. The 
bond has a duration of seven years and a coupon of 4.125 %. It was 
offered to institutional and retail investors in Europe. The bond 
which was four times oversubscribed is the core element of the 
refinancing concept. It will be used for an early redemption of 
existing debt and to establish a longer term financing for the 
company.
Bernd Hirsch, Chief Financial Officer of Symrise AG said: "We are 
pleased with the successful issue of our first bond and the positive 
response from investors. We have raised proceeds of 300 million EUR 
at attractive conditions. Together with the long-term loan of 175 
million US$, which has already been obtained, we are making good 
progress in our refinancing phase. We have set the basis for a stable
financing of our company´s development in the long-term."
The bond was placed by Commerzbank, Deutsche Bank and UniCredit and 
trades under ISIN DE000SY117779 on the Regulated Market of the 
Luxemburg Stock Exchange.
Parallel to the bond issuance, Symrise successfully completed a 
private placement of 175 million US$ with the US investor Prudential 
(Pricoa Capital Group). In addition, Symrise is currently negotiating
a revolving credit facility. The finalization and thereby the 
completion of the refinancing is to be expected shortly.
About Symrise
Symrise is a global supplier of fragrances and flavorings while also 
manufacturing raw materials and active ingredients for the perfume, 
cosmetics and food industries.
Its sales of EUR 1.36 billion in 2009 place the company among the top
four in the international flavors and fragrances market. 
Headquartered in Holzminden, Germany, Symrise is represented in over 
35 countries in Europe, Asia, the United States and Latin America.
Used by manufacturers of perfumes, cosmetics and foods, our products 
are an inseparable part of daily life. At Symrise we combine an 
awareness of consumer trends with cuttingedge technologies, focusing 
on innovative fashion and lifestyle products that have additional 
practical value for the consumer. Symrise - always inspiring more… 
www.symrise.com
end of announcement                               euro adhoc

Further inquiry note:

Bernhard Kott
Phone +49 (0)5531 90-1721
bernhard.kott@symrise.com

Branche: Chemicals
ISIN: DE000SYM9999
WKN: SYM999
Index: MDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade

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