Galderma successfully issued EUR 500 million bonds due 2031 with a coupon of 3.375%.
The bonds were issued by Galderma Finance Europe B.V. and guaranteed by Galderma Group AG. The banking syndicate consisted of Citigroup Global Markets Europe AG, ING Bank N.V., J.P. Morgan SE, RBC Europe Limited as active bookrunners and BNP PARIBAS, BofA Securities Europe SA, Crédit Agricole Corporate and Investment Bank and SMBC Bank EU AG as passive bookrunners.
Advestra acted as legal counsel to Galderma in this transaction. The team included Annette Weber, Jana Wildberger and Niklas Thoma (all Capital Markets) as well as Céline Martin (Tax).