Symrise issues a promissory loan note of EUR 75...

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Symrise AG, one of the world's leading manufacturers of fragrances,
flavorings and cosmetic ingredients, has strengthened its capital
base by issuing a promissory loan note of EUR 75 million for the
first time. The Landesbank Baden-Württemberg (LBBW) arranged the
successful transaction as the sole lead manager and sole bookrunner.

Symrise AG, a firm listed on the MDAX stock exchange, has managed to
interest a large number of foreign and domestic investors in the
transaction, despite the highly nervous atmosphere on the capital
market. High investor demand and the attendant oversubscription
prompted the company to increase the amount to EUR 75 million from an
original EUR 50 million, to mature over a period of four years.
Symrise offered attractive conditions for the promissory loan note
(280 bps margin), which the company priced in the middle of the
existing exchange margin. Proceeds from the issue helped strengthen
the medium-term capital base, and also affords Symrise AG an
opportunity to obtain additional financing on foreign capital
markets.

Promissory note proceeds were placed with foreign and domestic
investors from the banking and savings bank sectors. Factors that
were critical to the success of the transaction included the quality
of the credit, the robust and profitable business model, the
company's transparent information policies, the large investor
network and the issuing options afforded by LBBW, which arranged the
transaction.

Symrise CFO Dominique Yates had this to say: "Successfully issuing
the promissory loan note has given Symrise a very solid medium-term
financial base. Given the current challenges on the financial
markets, we see oversubscription as powerful evidence of the trust
that investors have in us."



About Symrise
Symrise is a global supplier of fragrances and flavorings while also
manufacturing raw materials and active ingredients for the perfume,
cosmetics and food industries.
Its sales of ¤1.32 billion in 2008 place the company among the top
four in the international flavors and fragrances market.
Headquartered in Holzminden, Germany, Symrise is represented in more
than 35 countries in Europe, Asia, the United States and South
America.
Used by manufacturers of perfumes, cosmetics and foods, our products
are an inseparable part of daily life. At Symrise we combine an
awareness of consumer trends with cutting-edge technologies, focusing
on innovative fashion and lifestyle products that have additional
practical value for the consumer. Symrise - always inspiring more...
www.symrise.com


Contact information:

Media                   Banks                           Investors
Katja Derow             Carsten Gottschlich             Dr. Andrea Rolvering
[phone] [phone]            [phone]
[e-mail] [e-mail] [e-mail]


 
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Symrise AG
Mühlenfeldstraße 1 Holzminden Germany

WKN: SYM999; ISIN: 
DE000SYM9999; Index: MDAX, TecDAX;
Listed: Regulierter Markt in Frankfurter Wertpapierbörse, Freiverkehr 
in Bayerische Börse München, 
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr 
in Börse Berlin, 
Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart, 
Prime Standard in Frankfurter Wertpapierbörse;