Financing Information

Financing Facilities and Hybrid Funding

ARYZTA is focused on the continued deleveraging of its balance sheet. This will be primarily enabled through operating free cash generation. The medium term target is to reduce total net leverage to below 3x (incl. hybrid funding) by the end of 2025. ARYZTA’s balance sheet financing currently comprises bank debt and hybrid funding.

Financing Facilities

Hybrid Funding

Copies of the Prospectuses are available at UBS AG, Prospectus Library, P.O. Box, CH-8098 Zurich, Switzerland, or can be ordered by telephone (+41-44-239 47 03) or by e-mail (