No results found for "".

Commentary & Deal Flow

MANDATE UPDATE: Clariant €500m WNG 5.6yr Sr Unsec Offering Expected As Soon As Wed 03-Jun

IGC European Market: Deal Flow - General

Clariant International Financial Services (Luxembourg) S.à r.l, guaranteed by Clariant AG, the internationally operating specialty chemicals company, headquartered in Muttenz, Switzerland, (ticker: "CLNVX", country: CH) rated BBB- (stable) by S&P, has mandated BofA Securities, Citigroup, Commerzbank, Deutsche Bank, and Santander as Joint Bookrunners.

Investor calls concluded today with over 80 investors engaged across the calls and the NetRoadshow presentation.

An expected €500 million (WNG), 5.6-year, senior unsecured bond offering is expected to launch as soon as Wednesday, 3rd June, subject to market conditions. The Bonds, if issued, are expected to be rated BBB- by S&P

  • Issuer: Clariant International Financial Services (Luxembourg) S.à r.l
  • Guarantor: Clariant AG
  • Expected Issue Rating: BBB- (S&P)
  • Use of Proceeds: The net proceeds will be used by the Group for general corporate purposes, including but not limited for the purposes of refinancing existing debt.
  • Listing: SIX Swiss Exchange and the Frankfurt Open Market
  • Target Market: Manufacturer target market MiFID II/UK MiFIR is eligible counterparties and professional investors only (all distribution channels). No PRIIPs / UK PRIIPs key information document (KID)/CCI Product Summary has been prepared as the Bonds are not available to retail investors in the EEA or the UK.
  • Stabilisation: Relevant stabilisation regulations including FCA/ICMA will apply.

Company Representatives:

  • Oliver Rittgen, Chief Financial Officer
  • Abraham Geldenhuys, Group Treasurer
  • Thijs Bouwens, Investor Relations Officer

DealRoadshow Information:
www.netroadshow.com/nrs/home/#!/?show=e47fd3a6
OR
Visit www.netroadshow.com and enter the deal entry code: Clariant2026