Bonds
Bonds are capital market instruments that help LANXESS finance the Group. In addition, financing through bonds enables us to diversify our capital provider base.
The issuer of all LANXESS bonds is LANXESS AG. The bonds are listed on the Luxembourg Stock Exchange.
Hybrid bond: fixed-rate subordinated bond
Incomplete summary – Please refer to the prospectus for the full terms and conditions and to evaluate the risks of the notes
| ISIN No. / WKN | XS1405763019 / A2DACG |
| Initial Rating of Instrument | BB (S&P), Ba2 (Moody’s) |
| Notional Amount | EUR 500,000,000 |
| Coupon | 4.5% p.a. (until the first call date, thereafter rate reset as below) |
| Issue Price | 98.655% |
| Issue Date | 6 December 2016 |
| Ranking | Deeply Subordinated |
| Call Dates | First call date after 6.5 years on 6 June 2023, annually thereafter.Additionally callable following specified exceptional events. |
| Interest Payment Dates | 6 June (first “short coupon” on 6 June 2017). Payment deferrable. |
| Maturity Date | 6 December 2076 |
| Rate Reset | On the first call date and every 5 years thereafter at the relevant EUR 5-Year Swap Rate plus a margin of 451bps (and step-ups if applicable). |
| Rate Step-Ups | 25 bps from 6 June 2028. Additional 75 bps from 6 June 2043. |
| Denomination | EUR 1,000 |
*“Provisions regarding resolutions of Holders” of the Agency Agreement dated 2 December 2016 between LANXESS and Deutsche Bank Aktiengesellschaft as Paying Agent.
Bonds under the Debt Issuance Programme (DIP)
The Final Terms must be read in conjunction with the related DIP Prospectus and any supplements.
| ISIN No. | Volume | Issue Date | Maturity Date | Coupon | Final Terms |
| XS0855167523 | € 500 million | 2012-11-21 | 2022-11-21 | 2.625% | Final Terms |
| XS1501367921 | € 500 million | 2016-10-07 | 2026-10-07 | 1.000% | Final Terms |
| XS1820748538 | € 500 million | 2018-05-16 | 2025-05-16 | 1.125% | Final Terms |
| XS2383886947 | € 500 million | 2021-09-08 | 2027-09-08 | 0.000% | Final Terms |
| XS2415386726 | € 600 million | 2021-12-01 | 2029-12-01 | 0.625% | Final Terms |
