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Bonds

Bonds are capital market instruments used by LANXESS for financing of the group.

Issuer of the LANXESS bonds is LANXESS AG. The bonds are listed on the Luxembourg Stock Exchange.

 

Hybrid Bond: EUR 500,000,000 Subordinated Callable Resettable Fixed Rate Notes due 2076

Incomplete summary – Please refer to the prospectus for the full terms and conditions and to evaluate the risks of the notes

You can wipe tables sideways.
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

Prospectus

Schedule 1*


*“Provisions regarding resolutions of Holders" of the Agency Agreement dated 2 December 2016 between LANXESS and Deutsche Bank Aktiengesellschaft as Paying Agent.

Senior Bonds issued under the Debt Issuance Programme

The Debt Issuance Programme (DIP) as a standardized documentation allows the flexible issuance of bonds. The final terms must be read in conjunction with the corresponding DIP prospectus and possible supplements.

You can wipe tables sideways.
ISIN No.VolumeIssue DateMaturity Date CouponFinal Terms
XS0629645531€ 500 million2011-05-232018-05-234.125 %

Final Terms

XS0855167523        € 500 million2012-11-212022-11-212.625%Final Terms
XS1501363425€500 million 2016-10-072021-10-07 0,250%

Final
Terms

XS1501367921€500 million 2016-10-07 2026-10-07 1,000%Final Terms