Bayer Raises €2 Billion in Oversubscribed Hybrid Bond Offering

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Source: Dukascopy Bank SA
Bayer AG raised €2 billion through a two-tranche hybrid bond issue with coupons of 5.75% and 6.25%, capitalizing on strong investor demand to expand its outstanding hybrid debt to €6.55 billion as easing glyphosate legal uncertainties and stabilizing crop science operations strengthen its balance sheet flexibility.
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