CSM Corbion NV

Corbion signed US$ 170 million US Private Placement Notes

Corbion signed US$ 170 million US Private Placement Notes

Corbion has signed a US Private Placement (USPP) Notes program with 5 institutional investors. The issuance of US$ 170 million under this program consists of two tranches of each US$ 85 million with maturities of 7 and 10 years with a fixed interest rate of 2.12% and 2.43%.

The proceeds will be used to repay borrowings under the current € 300 million Revolving Credit Facility and for general corporate purposes. 

This program will further optimise the maturity profile of Corbion’s outstanding debt, and will provide maximum flexibility under the current € 300 million Revolving Credit Facility.

Attachment

EN
30/09/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Corbion NV

 PRESS RELEASE

Corbion and Kuehnle AgroSystems join forces to develop natural Astaxan...

Corbion and Kuehnle AgroSystems join forces to develop natural Astaxanthin from algae fermentation Corbion, the Amsterdam-based global leader in sustainable ingredients, and US-based biotech company Kuehnle AgroSystems (KAS) have entered into a strategic partnership to develop and commercialize a high-quality, natural astaxanthin derived from non-GMO heterotrophic algae. Astaxanthin is a powerful antioxidant and red-orange carotenoid pigment found in various aquatic organisms, including microalgae, salmon, and shrimp. It is widely recognized both for its human health benefits and as a key ...

Steven Gould
  • Steven Gould
Steven Gould
  • Steven Gould

ResearchPool Subscriptions

Get the most out of your insights

Get in touch