November 9, 2012 / 2:11 PM / 5 years ago

New Issue- Lanxess prices 500 mln euro 2022 bond

November 9(Reuters) -Following are terms and conditions

of a bond priced on Friday.

Borrower Lanxess Finance BV

Guarantor Lanxess AG

Issue Amount 500 million euro

Maturity Date November 21, 2022

Coupon 2.625 pct

Issue price 99.023

Yield 2.738 pct

Reoffer price 99.023

Spread 107 basis points

Underlying govt bond Over Mid-swaps

Payment Date November 21, 2012

Lead Manager(s) BayernLB, Commerzbank, RBS & Unicredit

Ratings Baa2 (Moody‘s)

Listing Luxembourg

Full fees Undisclosed

Denoms (K) 1

Governing Law German

Notes Launched under issuer’s EMTN programme

ISIN XS0855167523

Security details and RIC, when available, will be


Customers can right-click on the code for

performance analysis of this new issue

For ratings information, double click on

For all bonds data, double click on

For Top international bonds news

For news about this issuer, double click on the issuer RIC,

where assigned, and hit the newskey (F9 on Reuters terminals)

Data supplied by International Insider.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below