Clariane announced on September 8, 2026, the successful offering of €500 million of unsecured euro-denominated senior notes due 2032, issued at par with a 6.875% annual coupon. Settlement is expected on September 21, subject to customary conditions. The company plans to use the proceeds and cash on hand to repay €350 million of existing term loans, €150 million of real estate term loans and related fees. Clariane also expects to sign a new €700 million unsecured syndicated revolving credit facility, with a five-year maturity, an accordion to €900 million and pricing of EURIBOR plus 1.75% to 3.50%, subject to leverage and ESG adjustments. It confirmed its guidance, including wholeco leverage below 5.5x at the end of 2026 and about 5.0x at the end of 2028. The offering follows an initial pre-stabilisation notice; BNP Paribas and other named managers may conduct over-the-counter stabilisation from September 8 through no later than October 21, 2026, although stabilisation is not assured and may end at any time.