By David Sachs

Sartorius said Thursday that it has issued 3 billion euros ($3.22 billion) in bonds to pay for the bridge financing related to the acquisition of Polyplus.

The German pharmaceutical company and lab equipment supplier said the bonds, issued through subsidiary Sartorius Finance, are in four tranches with maturities ranging between three and 12 years. In addition to paying down the bridge financing for Polyplus, the company said it will use the proceeds for general corporate purposes.

Sartorius has applied to the Luxembourg Stock Exchange to admit the bonds to trading, it said.

Write to David Sachs at david.sachs@wsj.com

(END) Dow Jones Newswires

September 07, 2023 12:52 ET (16:52 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
Sartorius (TG:SRT)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024 Plus de graphiques de la Bourse Sartorius
Sartorius (TG:SRT)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024 Plus de graphiques de la Bourse Sartorius