Novartis Finance S.A. Placed EUR 1,200,000,000 Guaranteed Notes

 

10.11.2014

 

Novartis Finance S.A. completed the placement of two EUR 600,000,000 Notes. The 2021 Notes were issued at 99.134% of its principal amount with a coupon of 0.750% and will mature on 9 November 2021 at its nominal value. The 2026 Notes were issued at 99.697% with a coupon of 1.625% and will mature on 9 November 2026 at its nominal value. Both Notes are guaranteed by Novartis AG. They are provisionally admitted to trading and expected to be listed on SIX Swiss Exchange Ltd.

 

Barclays Bank PLC, BNP Paribas and Deutsche Bank AG, London Branch acted as Joint Lead Managers, HSBC Bank plc and The Royal Bank of Scotland plc acted as Co-Managers.

 

Bär & Karrer acted as legal advisor to the Issuer and the Guarantor in this transaction. The team included Thomas U. Reutter, Daniel Raun, Annette Weber and Rebecca Schori (all Capital Markets) as well as Raoul Stocker and Michael Abegg (both Tax).

 

 

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