on Lonza Group AG (isin : CH0013841017)
Lonza Prices EUR 1.2 Billion Dual-Tranche Straight Bonds
Basel, Switzerland, 28 August 2024 – Lonza Finance International NV, fully owned by Lonza Group Ltd, announced the pricing of its EUR 1.2 billion dual-tranche straight bonds. The bonds, maturing in six and ten years, carry coupons of 3.25% and 3.50% respectively.
The bonds will be listed on the Luxembourg Stock Exchange. Proceeds will go towards general corporate purposes, acquisitions, and refinancing existing debt. Lonza holds a BBB+ rating from S&P Global Ratings.
A consortium comprising BofA, Citibank, HSBC, JP Morgan, and UBS were the joint active bookrunners. Payment and maturity dates are set for 4 September in 2024, 2030, and 2034 respectively.
R. H.
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