Südzucker with successful bond placement
Südzucker AG successfully placed a EUR 300 million bond to European investors via its wholly-owned Dutch subsidiary Südzucker International Finance B.V. on 22 November 2016. Guaranteed by Südzucker, the senior bond has a maturity of seven years, a coupon of 1.25 percent and a spread of 97 basis points over the seven year mid-swap. 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.