Implenia issues bond of CHF 175 million

Implenia AG / Key word(s): Bond/Issue of Debt Implenia issues bond of CHF 175 million 17.04.2024 / 18:00 CET/CEST Successful issuance enables Group to extend debt maturity profile and further strengthens its financing structure.

Glattpark (Opfikon), 17 April 2024 – Implenia today successfully placed a fixed-rate, non-subordinated bond for a total amount of CHF 175 million in the Swiss capital market. The bond was issued with a maturity of 4 years and priced at par with a coupon of 3.00%.

The proceeds from the issue will be used for general corporate purposes, which may include the refinancing of existing indebtedness, such as the redemption of the CHF 125 million bond due on 15 October 2024. The successful issuance enables Implenia to extend its debt maturity profile and further strengthens the company's financing structure.

Implenia will file an application for the bond to be admitted for listing and trading on the SIX Swiss Exchange. Settlement date of the bond is expected on May 17, 2024. Commerzbank Aktiengesellschaft, Raiffeisen Schweiz Genossenschaft, UBS AG and Zürcher Kantonalbank acted as joint lead managers and bookrunners on the offering.

 

Issuer	Implenia AG, Glattpark (Opfikon)
Issue Amount	CHF 175'000'000.00
Status	Non-subordinated, unsecured
Interest Rate	3.00% p.a.
Term	4 years