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Royal DSM issues €300mn long-term bond due 2019
08
Nov '13
Royal DSM, the global Life Sciences and Materials Sciences company, has successfully issued a €300 million 1.75% bond due 2019.

The proceeds will be used to refinance the $150 million US Private Placement that matured in October 2013 and to refinance some short term commercial paper with a longer maturity.

The terms are laid down in the EUR 4 billion Debt Issuance Program of Royal DSM, the final terms and the supplements thereto, which are available on the Investor Relations website.

The re-offer price was 99.96%. Based on this price the yield is 1.7570%. The bond will be listed on Euronext Amsterdam shortly.

Royal DSM

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