Brenntag SE announced on Monday the placement of a €500 million senior unsecured bond with a seven‑year maturity. The issue carries a fixed coupon of 4.25% per annum.
The bond was priced at 99.626% of its nominal value, implying an effective yield slightly above the coupon rate. The securities were listed on the XETRA exchange under the ticker BNR.
Proceeds from the placement are earmarked for general corporate purposes, according to the company. The issuance adds to Brenntag’s financing mix as it continues to support its global chemical distribution operations.
