Barry Callebaut successfully places new € 700 million Euro denominated bond

Press Release
Barry Callebaut successfully places new € 700 million Euro denominated bond

Barry Callebaut successfully places new € 700 million Euro denominated bond

Press Release
Barry Callebaut Group has successfully raised an amount of € 700 million on the Euro bond capital markets.

The offering created sizeable demand allowing the Company to price at a low coupon of 4.0 % per annum. The 5-year Eurobond matures on June 14, 2029. The bond will be traded on the SIX Exchange (ISIN BE6352800765) and will be used for general corporate purposes.

We are pleased with the significant interest from investors that has enabled us to secure attractive long-term financing. While Barry Callebaut has a strong balance sheet, the issuance provides us with greater financial flexibility in the context of a volatile cocoa market environment.
Peter Vanneste, CFO of the Barry Callebaut Group

BNP Paribas acted as the Global Coordinator and book runner, while ING, J.P. Morgan, Rabobank and Société Générale acted as joint lead managers and active bookrunners for the issuance.

About Barry Callebaut Group:

With annual sales of about CHF 8.5 billion in fiscal year 2022/23, the Zurich-based Barry Callebaut Group is the world’s leading manufacturer of chocolate and cocoa products – from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs 66 production facilities worldwide and employs a diverse and dedicated global workforce of more than 13,000 people. The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®, Carma® and the decorations specialist Mona Lisa®. The Barry Callebaut Group is committed to make sustainable chocolate the norm to help ensure future supplies of cocoa and improve farmer livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable cocoa and chocolate future.

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Contact for the media:

Kai Hummel
Global of Head of Communications
Barry Callebaut AG
+41 43 204 15 22
[email protected]

for investors and financial analysts:

Sophie Lang
Head of Investor Relations
Barry Callebaut AG
+41 79 275 83 95
[email protected]

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