Euro Commercial Paper Program

Euro Commercial Paper Program – €1.5 billion

The Euro Commercial Paper Program of Royal DSM N.V. is a framework with standard terms & conditions, which are applicable if Notes are issued. The Euro Commercial Paper Program is not quoted on a Stock Exchange. The terms & conditions of this program are laid down in the Prospectus.

Commercial Paper Program in detail:

Issuer: Royal DSM N.V.
Short term rating: Moody's: P-2, Standard & Poor's: A-1
   
Date of implementation: 13 September, 2011
Maximum Volume: 1,500,000,000 EUR
Tenor: Between 1 and 364 days
Minimum denomination: 100,000 EUR or 100,000 GBP
   
Clearing agent: Euroclear & Clearstream
Dealers: Citibank International, Royal Bank of Scotland, Deutsche Bank, BNP Paribas Fortis, ING Bank, RABO Bank and UBS.
Issuing & Paying agent: Citibank, London
Prospectus: Prospectus (PDF, 301.20KB)


For further information, please contact DSM’s Corporate Treasury unit.

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