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).
Bayer AG, Deutschland
Bayer Corporation, USA
|Total amount||USD 8,000,000,000 or equivalent|
|Dealers||ECP: 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 Agent||ECP: The Bank of New York Mellon, London Branch |
USCP: Bank of America, N.A.