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Symrise AG

EANS-News: Symrise AG
Symrise successfully concludes refinancing

Holzminden, December 6, 2010 (euro adhoc) -

- Third element of comprehensive refinancing concept finalized
- Revolving credit facility with a volume of 300 million €
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Capital measures/Refinancing
Subtitle: - Third element of comprehensive refinancing concept 
finalized - Revolving credit facility with a volume of 300 million €
Symrise AG has obtained a
revolving credit facility with a volume of 300 million EUR, thereby 
successfully concluding the Group´s refinancing concept. The 
revolving credit facility has a duration of five years and serves to 
replace liabilities due at the end of 2011 as well as to finance 
further growth.
The comprehensive refinancing concept was successfully concluded over
the past three months at very attractive conditions. In addition to 
the revolving credit facility, the Group also raised 300 million EUR 
through the issue of its first bond, which has a term of seven years.
In October, Symrise also obtained a longterm loan in the amount of 
USD175 million in conjunction with a private placement. The 
refinancing concept places Group financing on a longer term basis and
is more diversified with respect to the maturity profile and the 
sources of financing than it was previously the case.
Bernd Hirsch, Chief Financial Officer of Symrise AG, said: "We are 
pleased that we were able to successfully finalize our refinancing 
within a very short time. The positive response on the part of 
lenders and investors shows that we are a strongly growing, very 
well-positioned company in an attractive market. For the coming years
we are in a very solid financial position and have set the basis to 
implement our strategy which aims at profitable growth."
About Symrise Symrise is a global supplier of fragrances, flavorings 
and raw materials as well as active ingredients for the perfume, 
cosmetics and food industry. Its sales of EUR 1.36 billion in 2009 
place the Company among the top four in the international flavor and 
fragrance market. Headquartered in Holzminden, Germany, Symrise is 
represented in more than 35 countries in Europe, Asia, the United 
States and South America. Used by manufacturers of perfumes, 
cosmetics and foods, our innovative products are an inseparable part 
of daily life. At Symrise we combine an awareness of consumer trends 
with cutting-edge technologies, focusing on developing 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:

Media Contact:
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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