Südzucker successfully issued first sustainability-linked bond with a volume of EUR 400 million

First bond issue under new sustainable financing framework 

Südzucker AG successfully issued the first issue under the new "Sustainability-Linked Financing Framework" on 24 October 2022 through its wholly-owned Dutch subsidiary Südzucker International Finance B.V., Oud-Beijerland. With the „sustainability-linked bond” format, Südzucker is committing to the sustainability target anchored in its 2026 Plus strategy. 

The non-subordinated bond, which is guaranteed by Südzucker AG, has a volume of EUR 400 million, a term of five years and a coupon of 5.125 percent. The proceeds of the issue will be used for general corporate purposes, including the refinancing of a bond maturing next year. 

The placement of the Eurobond was supported by BNP Paribas, Deutsche Bank, DZ Bank, LBBW and Unicredit. Further details on the bond and the new "Sustainability-Linked Financing Framework" are available on Südzucker's homepage (www.suedzuckergroup.com/en/investor-relations/bonds).