An international Taylor Wessing team has advised the banking syndicate on a new syndicated financing for Symrise AG. The EUR 750,000,000 credit facility was arranged by BNP Paribas as lead arranger and provided by an international syndicate of banks. The mandate reflects the banking syndicate's continued confidence in Taylor Wessing's Banking & Finance team, which has previously acted for the syndicate on financings for Symrise.
The facility provides Symrise with a flexible long-term funding instrument in support of the group's strategic development. It is structured in line with current market standards for corporate syndicated loans, combining operational flexibility with a robust documentation framework.
Symrise is a globally leading supplier of fragrances and flavours, cosmetic ingredients and functional ingredients. The company is listed in the DAX 40.
The Taylor Wessing team was led by Clemens Niedner and included Felix Kokorsch and Susanne Dams, all members of the Banking & Finance team in Frankfurt.