Sandoz issues 500 million euros bond to extend debt maturity profile

15 September 2026

Swiss generics and biosimilars company Sandoz (SIX: SDZ) has issued a 500 million euros ($585 million) bond with a 12-year maturity and a 4.835% coupon, with proceeds earmarked for general corporate purposes including refinancing existing debt.

The transaction was supported by a bank syndicate with Bank of America, Mizuho and SEB acting as active bookrunners, and Citi, HSBC and Société Générale as passive bookrunners. Advestra and Linklaters advised Sandoz.

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