Credit rating
Find hereafter Syensqo credit ratings, awarded by Standard & Poor’s & Moody’s, resulting from transparent and regular discussions with the leading rating agencies and a comprehensive analysis of all available information.
entity | Rating agency | Rating | Rating outlook | date | Additional comment |
Syensqo | Moodys | Baa1 | stable | 11/12/2023 | |
Syensqo | S&P | BBB | stable | 18/03/2026 |
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Liquidity reserves
At the end of 2025, Syensqo liquidity amounts to €2.5 billion including €0.9 billion of cash and cash equivalents and €1.5 billion undrawn revolving credit facilities (€1.2 billion syndicated and €0.3 billion bilateral, all are multi-year). In addition, Syensqo has access to a Belgian Treasury Bill program for €1.0 billion (no outstanding balance on December 31, 2025).
Bond issuance
Syensqo capital structure consists of net debt and equity. Find here the nominal, coupon, maturity length of Syensqo bonds as well as related documentation (prospectus). The majority of the bonds are listed on the Luxembourg Stock Exchange.
| Issuer | Nominal | Coupon | Maturity | ||
| Senior USD note | Syensqo Finance (America), LLC (US) | $600 million | 5.65% | 2029 | Issued on June 4, 2024 |
| Senior USD note | Syensqo Finance (America), LLC (US) | $600 million | 5.85% | 2034 | Issued on June 4, 2024 |
| Senior EUR note | Syensqo SA (Belgium) | €600 million | 3.375% | 2031 | issued on May 28, 2025 |
| Senior EUR note | Syensqo SA (Belgium) | €600 million | 4.000% | 2035 | issued on May 28, 2025 |
| Issuer | Nominal | Coupon | Maturity | ||
| Senior EUR note | Syensqo SA (Belgium) | €500 million | 2.75% | 2027 | Make-whole redemption Make-whole price March 31, 2026 |
| Hybrid bond (equity IFRS) | Syensqo SA (Belgium) | €500 million | 2.5% | 2025 | First call Dec 2, 2025 |
| Senior USD note | Cytec Industries Inc. (US) | $163 million | 3.95% | 2025 | Early redemption at par as of Feb 1, 2025. |