Firmenich brings sweet scent to Swiss market debut

By Frank Jackman
23 Apr 2020

Triple-B rated fragrance and flavourings company Firmenich sold its debut bond this week, a short end Swissie deal that was the prelude to dual tranche euro trade.

“It’s always a big story when a private company first comes to the market,” said a banker at one of the leads on the Firmenich deal. 

Firmenich raised Sfr425m ($435.2m) with a 1% December 2023 bond on Wednesday. Joint leads Credit Suisse and Zurich Cantonal Bank fixed the spread on ...

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