Basel, 18 September 2012 – Lonza Swiss Finance Ltd, a wholly-owned company of Lonza Group Ltd, Basel (“Lonza”), announces the successful placing of its inaugural dual currency multi-tranche Schuldscheindarlehen with a total size in the equivalent of EUR 170 million. The split between EUR and USD was 40 and 60 percent, respectively. The private placement has maturities of three, five, and seven years.
The issuer is Lonza Swiss Finance Ltd, Basel guaranteed by Lonza. 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. The Schuldschein issue was placed with a broad range of international banks from Europe and Asia. Joint Arrangers of the transaction were Helaba and HSBC.