Advestra advises Barry Callebaut on bond issuance

Advestra advised Swiss chocolate manufacturer Barry Cal­le­baut through successful CHF bond placement.

The transaction

The issuance,  divided in two tranches, amounts to CHF 300 mil­lion in aggregate. The first tranche will mature in 2031, setting at CHF 160 mil­lion with a coupon of 1.800% . The second tranche, due in 2035,  amounts to CHF 140 mil­lion, with a coupon of 2.100%. 

UBS AG, ING Bank N.V., Coöper­at­ive Rabobank U.A. and Société Générale  were the joint lead man­agers for the transaction.  

The company

Zurich-based Barry Callebaut is a global manufacturer of high-quality chocolate and cocoa products, holding 15 different brands across the industry. The company is listed on the SIX Swiss Exchange

The team

Capital markets partner Annette Weber (pictured) led the Advestra team on the matter, supported by associate Beau Vis­s­er and junior associate Luca Schmid (both cap­it­al markets).

flavio.caci@lcpublishinggroup.com

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