Niederer Kraft Frey advises Société Générale on bond issuance management
Niederer Kraft Frey advised Société Générale and certain other financial institutions, all acting as joint lead managers in a 300 CHF bond issuance by Barry Callebaut, a Zurich-based global cocoa and chocolate product manufacturer.
The bonds
The amount issued on the Swiss capital markets is based on a six-year tranche of CHF 160 million and a ten-year tranche of CHF 140 million, priced at a yearly coupon of 1.8% and 2.1% respectively.
The bonds will be used for general corporate purposes. The trading debut on the SIX Exchange is set for January 17, 2025. The international securities identification numbers for the 6 and 10 year- tranches are, respectively, CH1400064569 and CH1400064577.
The team
Transactions partners Philip Spoerlé (pictured left) and Andrea Giger (pictured right) led The NKF team on the matter, supported by transactions associate Manuel Hirlinger.