Barry Callebaut AG (the “Company”), the world’s leading manufacturer of high-quality cocoa and chocolate products, announced today the successful placement of EUR 450 million 8-year 2.375% Senior Fixed Rate Notes (the “Notes”) at an issue price of 99.104, yielding 2.5%. The offering of the Notes created sizeable demand and was significantly oversubscribed, allowing the Company to price at a historically low coupon and substantially improve the Company’s financial flexibility as well as its liquidity profile.
