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