Südzucker with successful bond pricing
Südzucker AG successfully priced a EUR 500 million bond via its wholly-owned Dutch subsidiary Südzucker International Finance B.V. on 22 January 2025. Guaranteed by Südzucker AG, the senior bond has a maturity of seven years and a coupon of 4.125 percent. Following settlement the bond will be listed on the regulated market on Luxembourg stock exchange. It is also attractive to private investors due to its denomination of EUR 1,000 and will be tradable for them from 30 January 2025.
The proceeds from the issue will be used for general corporate purposes, including the refinancing of a bond due in November 2025.
The placement of the Euro bond was managed by Helaba, HSBC, ING, KBC and Rabobank.
Further details about the bond are available here.