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).

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: November 24, 2016 Copyright © Bayer AG