- Lonza prices EUR 1.2 billion dual-tranche bonds, maturing in 6 and 10 years with 3.25% and 3.50% coupons.
- Proceeds for corporate purposes. Bonds listed on Luxembourg Stock Exchange.
- Rating: BBB+ (S&P)
August 28 2024 16:33:23 UTC– Lonza issued EUR 1.2 billion dual-tranche straight bonds with 3.25% and 3.50% coupons for six and ten years respectively.
The funds will support various corporate purposes. Lonza’s issuer rating is BBB+ by S&P. Bonds will be listed on the Luxembourg Stock Exchange.
Joint Bookrunners: BofA, Citibank, HSBC, JP Morgan, UBS. Lonza, a major healthcare manufacturer, operates globally, generating CHF 3.1 billion sales and CHF 893 million CORE EBITDA in H1 2024.