Clifford Chance has advised Symrise AG on a EUR 500 million bond issue.The bond matures in 2019 and has a coupon of 1.75%. The syndicate comprised Mitsubishi UFJ Securities, UniCredit Bank, Banco Santander, BNP Paribas, J.P. Morgan and Helaba.

Symrise AG is globally recognised as a leading provider of fragrances, flavours and active ingredients for cosmetics and a range of other products. The company's turnover in 2013 was more than EUR 1.8 billion.

The Clifford Chance team comprised partner Sebastian Maerker, counsel Dr. Felix Biedermann and associate Martin Wagner (all Banking & Capital Markets, Frankfurt).

Clifford Chance recently advised Symrise on implementing a capital increase and on its binding purchase offer for Diana Group, including the associated bridging loan, and also successfully represented it in interim injunction proceedings filed by Ritter Sport against Stiftung Warentest before the Munich Regional Court.