Date: 2012-09-18
Type of information: Private placement
Company: Lonza (Switzerland)
Investors:
Amount: € 170 million
Funding type: private placement
Planned used: Proceeds will be used to refinance part of the bridge loans provided to Lonza by a bank syndicate for the acquisition of Arch Chemicals Inc.
Others: Lonza Swiss Finance Ltd, a wholly-owned company of Lonza Group has announced thesuccessful placing of its inaugural dual currency multi-tranche Schuldscheindarlehen with a total size in the equivalent of € 170 million. The split between € and $ was 40 and 60 percent, respectively. The private placement has maturities of three, five, and seven years.
Therapeutic area: Technology - Services
