Firmenich Productions Participations issued EUR 750 m 1.375 per cent. series 1 bonds due 2026 and Eur 750 m 1.750 per cent. series 2 bonds due 2030, unconditionally and irrevocably guaranteed. The Eur bonds as well as Firmenich International’s guarantee are governed by English law.
At the same time, Firmenich International placed CHF 425 m 1.000 per cent. bonds due 2023 to be issued on May 19, 2020. The Chf Bonds are governed by Swiss law. Application will be made for the Bonds to be listed on the SIX Swiss Exchange.
Homburger advised Firmenich with respect to all Swiss law aspects of the transactions. The Homburger team was led by partner René Bösch (banking and finance/ capital markets – pictured) and included partner Stefan Oesterhelt (tax), counsel Eduard De Zordi (banking and finance/ capital markets) and associate Fabian Meier (banking and finance).