Commercial Paper Programme

Commercial paper (CP) is a short-term unsecured debt instrument aimed at institutional investors. CP is normally issued at a discount and redeemed at nominal value. The term of CP generally lies between 1 and 364 days. CP is therefore a way of obtaining short-term funding on the capital markets. Bayer’s Commercial Paper Programme allows the company to issue commercial paper on both the U.S. market (USCP) and the Euro market (ECP).

Information MemorandumDownload ( PDF, 346 KB ) collect
Issuers

Bayer AG, Deutschland

Bayer Corporation, USA

GuarantorBayer AG
Total amountUSD 8,000,000,000 or equivalent
DealersECP: Bayerische Landesbank, Commerzbank AG, Goldman Sachs Int., ING Bank N.V., The Royal Bank of Scotland plc
USCP: Barclays Capital Inc., BNY Mellon Capital Markets LLC, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co.
Issue and Paying AgentECP: The Bank of New York Mellon, London Branch
USCP: Bank of America, N.A.

 

 

 

Last updated: March 23, 2016 Copyright © Bayer AG