Syngenta to Meet with Fixed Income Investors
September 06 2017 - 10:00AM
Business Wire
Syngenta AG has mandated BNP Paribas, Citi, Credit Suisse, HSBC,
MUFG and Santander to arrange a series of fixed income investor
meetings commencing on September 11, 2017. A multi-tranche
benchmark-sized USD-denominated 144A/RegS senior unsecured notes
offering of various maturities up to 30 years is expected to
follow, subject to market conditions. Syngenta AG is rated
BBB-/Ba2/BBB (all outlooks stable) by S&P, Moody’s, and Fitch.
Furthermore, Syngenta may use its $ 7.5bn EMTN program for further
issuances.
The net proceeds from the sale of the notes will be used mainly
to refinance the bridge financing for ChemChina’s acquisition of
Syngenta. Any remaining proceeds would be used for general
corporate purposes at Syngenta.
About Syngenta Syngenta is a leading agriculture company
helping to improve global food security by enabling millions of
farmers to make better use of available resources. Through world
class science and innovative crop solutions, our 28,000 people in
over 90 countries are working to transform how crops are grown. We
are committed to rescuing land from degradation, enhancing
biodiversity and revitalizing rural communities. To learn more
visit www.syngenta.com and www.goodgrowthplan.com. Follow us on
Twitter® at www.twitter.com/Syngenta.
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Syngenta International AGMedia OfficeTel: +41 61
323 2323Fax: +41 61 323 2424orMedia contacts:Leandro
ContiSwitzerland +41 61 323 2323orPaul MinehartUSA +1 202 737
8913orAnalyst/Investor contacts:Jennifer GoughSwitzerland
+41 61 323 5059USA +1 202 737 6521www.syngenta.com
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