Sartorius has placed bonds with a total volume of 3 billion euros.
The issues have a term of three to twelve years and coupons between 4.313 percent and 4.940 percent. The issue was aimed at institutional investors and was more than six times oversubscribed. Sartorius intends to use the net proceeds to replace the bridge financing for the acquisition of Polyplus and for general corporate purposes.
The Sartorius share temporarily lost 2.68 percent to 348.50 euros via XETRA.
(Dow Jones Newswires)
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