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EANS-News: Symrise AG / Symrise successfully concludes refinancing

Geschrieben am 06-12-2010

- Third element of comprehensive refinancing concept finalized

- Revolving credit facility with a volume of 300 million €


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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Capital measures/Refinancing

Subtitle: - Third element of comprehensive refinancing concept
finalized - Revolving credit facility with a volume of 300 million €

Holzminden, December 6, 2010 (euro adhoc) - Symrise AG has obtained a
revolving credit facility with a volume of 300 million EUR, thereby
successfully concluding the Group´s refinancing concept. The
revolving credit facility has a duration of five years and serves to
replace liabilities due at the end of 2011 as well as to finance
further growth.

The comprehensive refinancing concept was successfully concluded over
the past three months at very attractive conditions. In addition to
the revolving credit facility, the Group also raised 300 million EUR
through the issue of its first bond, which has a term of seven years.
In October, Symrise also obtained a longterm loan in the amount of
USD175 million in conjunction with a private placement. The
refinancing concept places Group financing on a longer term basis and
is more diversified with respect to the maturity profile and the
sources of financing than it was previously the case.

Bernd Hirsch, Chief Financial Officer of Symrise AG, said: "We are
pleased that we were able to successfully finalize our refinancing
within a very short time. The positive response on the part of
lenders and investors shows that we are a strongly growing, very
well-positioned company in an attractive market. For the coming years
we are in a very solid financial position and have set the basis to
implement our strategy which aims at profitable growth."

About Symrise Symrise is a global supplier of fragrances, flavorings
and raw materials as well as active ingredients for the perfume,
cosmetics and food industry. Its sales of EUR 1.36 billion in 2009
place the Company among the top four in the international flavor and
fragrance market. Headquartered in Holzminden, Germany, Symrise is
represented in more than 35 countries in Europe, Asia, the United
States and South America. Used by manufacturers of perfumes,
cosmetics and foods, our innovative products are an inseparable part
of daily life. At Symrise we combine an awareness of consumer trends
with cutting-edge technologies, focusing on developing innovative
fashion and lifestyle products that have additional practical value
for the consumer. Symrise - always inspiring more… www.symrise.com


end of announcement euro adhoc
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ots Originaltext: Symrise AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Media Contact:

Bernhard Kott

phone +49 (0)5531 90-1721

bernhard.kott@symrise.com

Branche: Chemicals
ISIN: DE000SYM9999
WKN: SYM999
Index: MDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade


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