Merck to redeem €550 million 1.375% notes due 2022

By Mary-Katherine Stinson

Lexington, Ky., April 4 – Merck Financial Services GmbH will redeem all €550 million 1.375% notes due 2022 (ISIN: XS1284570626) on June 1, according to a company notice.

The notes are guaranteed by Merck KGaA.

The redemption will be at par plus accrued interest of €10.28 per note to the redemption date.

Merck operates as a science and technology company specializing in oncology, clinical, diagnostic, fertility and pharmaceutical research and is based in Darmstadt, Germany.

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