Due to strong demand, Siegfried Holding AG announces an increase of CHF 15
million to the subordinated public hybrid bond launched on 26 September 2016, bringing
the new total outstanding amount to CHF 160 million.
As previously communicated, the proceeds are used for capital structure management purposes and repayment of existing bank loans.
The hybrid bond offers investors a coupon of 2.125% and is undated with an initial call date by Siegfried after five years.
UBS Investment Bank and Zürcher Kantonalbank acted as joint bookrunners on this transaction.
As previously communicated, the proceeds are used for capital structure management purposes and repayment of existing bank loans.
The hybrid bond offers investors a coupon of 2.125% and is undated with an initial call date by Siegfried after five years.
UBS Investment Bank and Zürcher Kantonalbank acted as joint bookrunners on this transaction.
