17 Apr 2024
Lonza Prices EUR 1 Billion Straight Bond with a 3.875% Coupon

Basel, Switzerland, 17 April 2024 – Lonza Finance International NV, a wholly owned company of Lonza Group Ltd, Basel (“Lonza”), announced today the pricing of a EUR 1 billion straight bond. The Eurobond marks Lonza’s second drawdown under its EMTN program. The bond has a maturity of 12 years and an annual coupon of 3.875%.

The issuer is Lonza Finance International NV and the bonds will be guaranteed by Lonza. Lonza will apply for the listing of the bonds on the Luxembourg Stock Exchange (Regulated Market). The proceeds of the bonds will be used for refinancing and general corporate purposes.

Lonza’s issuer rating is currently BBB+ (S&P Global Ratings) with a stable outlook.

A consortium comprising of BNP Paribas, BofA, Goldman Sachs, ING, JP Morgan and Mizuho were mandated to place the bond as Joint Active Bookrunners.


Key Data

Issue Size 12-Year Bond: EUR 1 billion

Expected Payment Date: 24 April 2024

Maturity: 24 April 2036

Issue Price: 98.715 percent

Redemption Price: 100 percent

Coupon: 3.875 percent p.a.