March 23, 2009

Bayer issues corporate bond with a volume of EUR 1.3 billion

Leverkusen, March 23, 2009 - Today, Monday, the Bayer Group took advantage of the relatively favorable market environment to issue a corporate bond with a nominal volume of EUR 1.3 billion. This step increases the company's liquidity reserve and optimizes the maturity structure of its financial liabilities.

The fixed rate bond, which is guaranteed by Bayer AG, was issued by Bayer Capital Corporation B. V. It has a maturity of 5½ years and a coupon of 4.625 percent. The issue price was 99.4 percent. The bond issue met with considerable interest in the capital markets, evidenced above all by the fact that it was oversubscribed more than five times.

For more information, go to www.bayer.com


Forward-looking statements<br/>This news release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.


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