Siegfried successfully places Senior Bonds of CHF 200 million Mittwoch, 19. Mai 2021 - 06:09
(SIX/SFZN) Siegfried Holding AG has today successfully placed Senior Bonds in the amount of CHF 200 million. The Bonds will have a maturity of 5 years and a coupon of 0.20%. The proceeds will be used for general corporate purposes, including the early refinancing of a Hybrid Bond of CHF 160 million callable in October 2021.
Siegfried will file an application for the Senior Bonds to be admitted for listing and trading on the SIX Swiss Exchange. The settlement date is expected to be June 15, 2021.
CFO Reto Suter: "With this successful placement of the Senior Bonds, a first for Siegfried, we optimize our funding mix and retain the strategic flexibility required."
The bonds attracted strong interest among Swiss investors and were placed under the lead of UBS AG.
Siegfried AG
Reto Suter
CFO
Untere Bruehlstrasse 4
4800 Zofingen
Switzerland
Phone +41 62 746 11 35
reto.suter@siegfried.ch
About Siegfried
The Siegfried Group is a global life sciences company with sites in Switzerland, Germany, Spain, France, Malta, the USA and China. In 2020, the Siegfried Group achieved sales of CHF 845.1 million. Currently it employs approximately 3'500 people at eleven sites on three continents. Siegfried Holding AG is publicly listed on SIX Swiss Exchange (SIX: SFZN).
The Siegfried Group is active in both the primary and secondary production of drugs, develops and manufactures active pharmaceutical ingredients and intermediates for the research-based pharmaceutical industry and provides development and production services for drugs in finished dosage forms including sterile filling.
Disclaimer
This communication contains certain forward-looking statements. Such statements are based on assumptions and expectations which could prove incorrect. They should be treated with appropriate caution because they naturally involve known and unknown risks, uncertainties and other factors which could mean that the actual results, financial situation, development or performance of Siegfried Holding AG or the Siegfried Group are materially different from those explicitly or implicitly assumed in these statements.
The purpose of this document is to inform investors of Siegfried Holding AG and the public about the successful placement of the Senior Bonds. This document does not constitute an offer or a solicitation to exchange, buy or subscribe to securities in any jurisdiction, nor does it constitute a prospectus within the meaning of the Swiss Financial Services Act or the laws of any other jurisdiction.
This document is available in German and English. The German version is binding.