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BRIEF-Lonza prices multi-tranche "Schuldschein" loan
August 4, 2017 / 5:35 AM / 4 months ago

BRIEF-Lonza prices multi-tranche "Schuldschein" loan

Aug 4 (Reuters) - Lonza

* Lonza Group Ltd, Basel announced the pricing of its multi-tranche “Schuldschein” loan (private placement) with a total size of EUR 700 million and USD 200 million.

* The EUR tranches have maturities of 4 and 6 years respectively with fixed and variable coupons. The USD tranches have maturities of 5 (variable coupon) and 7 years (fixed coupon). Further company coverage: (Reporting By Zurich newsroom)

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