Press release

Heerlen, NL, 17 Jun 2020 20:30 CEST

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, announces the successful launch of €1 billion bonds, in two tranches: a €500m bond with an eight-year maturity due in 2028, at a coupon of 0.25%, and a €500m bond with a twelve-year maturity due in 2032, at a coupon of 0.625%.

The new bond issues take advantage of favorable market conditions and allow the company to lock in low interest rates to finance the recently announced acquisition of Erber Group.

The terms are laid down in the €5 billion Debt Issuance Program of Royal DSM, the final terms and the supplements thereto being available here.

The re-offer price for the eight-year bond tranche was 99.653%. Based on this price the yield is 0.294%. The re-offer price for the twelve-year bond tranche was 99.128%. Based on this price the yield is 0.701%. The bonds will shortly be listed on Euronext Amsterdam.

This release does not constitute an offer or an invitation to subscribe for or purchase any securities. The notes are being offered only by means of a prospectus.