Slaughter and May advised Givaudan on its issuance of €500,000,000 bonds

Slaughter and May advised Givaudan on its issuance of €500,000,000 4.125 per cent. Guaranteed Bonds due 2033. The Bonds were issued by Givaudan Finance Europe B.V. and guaranteed by Givaudan SA. The Bonds were admitted to trading on Euronext Dublin’s regulated market and listed on the official list of the Irish Stock Exchange on 28 November 2023.

Slaughter and May worked closely with Givaudan’s Treasury and Legal team and also Homburger AG (Swiss law advice) and Loyens & Loeff N.V. (Dutch law advice).

Givaudan is headquartered in Switzerland and is a global leader in the flavour and fragrance industry and produces thousands of fragrance and flavour compounds which are composed of a large number of ingredients, natural and synthetic, blended using formulas created by the Group’s perfumers and flavourists. As of 31 December 2022, Givaudan operated 78 production sites, 65 creation and research centres and had 4,000 active patents. Givaudan sells its flavour compounds to food and beverage manufacturers across a number of key segments, including beverages, sweet goods, savoury snacks and dairy. Givaudan sells its fragrance compounds to manufacturers serving high-end consumer markets with fragrances for personal, home and laundry care brands as well as prestige perfumes.