Commentary & Deal Flow

Südzucker International Finance B.V. (ticker: "SZUGR", country: NL), guaranteed by Südzucker AG (country: DE) rated Baa3 (neg.) / BBB- (neg.) by Moody's / S&P, has mandated Deutsche Bank, Landesbank Baden-Württemberg and UniCredit as Global Coordinators and BofA Securities, Deutsche Bank, DZ BANK, Landesbank Baden-Württemberg, SEB and UniCredit as Joint Bookrunners to arrange a series of fixed income investor calls on 26-May-26 and 27-May-26. UniCredit is coordinating logistics.

An expected €400m (WNG), Reg S bearer, Senior, Unsecured 5-year EUR-denominated offering will follow, subject to market conditions. The notes are expected to be rated Baa3 by Moody’s and BBB- by S&P. The net proceeds of the issue of notes will be used for general corporate purposes, including the refinancing of the outstanding €400m 5.125% SLB notes due 2027. The transaction will be launched under standalone documentation, and the notes will be listed on the Regulated Market of the Luxembourg Stock Exchange.

Company Representatives:
Dr. Stephan Meeder – CFO, Südzucker AG
Slaven Delic – Director Corporate Finance & Reporting, Südzucker AG
Andreas Rothe – Head of Investor Relations and Capital Markets, Südzucker AG

Deal Roadshow Information:
https://dealroadshow.com/e/SUDZUCKER26
OR
Visit https://dealroadshow.com and enter the entry code: SUDZUCKER26

Call Schedule:
Tuesday 26-May-26
Call #1: 12:00-12:45 UKT | 13:00-13:45 CET
Call #2: 13:00-13:45 UKT | 14:00-14:45 CET
Call #3: 14:00-14:45 UKT | 15:00-15:45 CET
Call #4: 15:00-15:45 UKT | 16:00-16:45 CET
Call #5: 16:00-16:45 UKT | 17:00-17:45 CET

Wednesday 27-May-26
Call #6 9:00-9:45 UKT | 10:00-10:45 CET
Call #7 10:00-10:45 UKT | 11:00-11:45 CET
Call #8 11:00-11:45 UKT | 12:00-12:45 CET
Call #9 13:00-13:45 UKT | 14:00-14:45 CET
Call #10 14:00-14:45 UKT | 15:00-15:45 CET
Call #11 15:00-15:45 UKT | 16:00-16:45 CET