Today Autoneum Holding AG successfully raised CHF 100 million long-term debt through the issuance of a Swiss franc public bond.
Today Autoneum Holding AG successfully raised CHF 100 million long-term debt through the issuance of a Swiss franc public bond. The bond bears a fixed coupon of 1.125% and has a tenor of eight years with maturity on December 8, 2025. The payment date of the bond is December 8, 2017. The issuance was managed by Zürcher Kantonalbank. The bond is to be listed on the SIX Swiss Exchange.
The proceeds will be used for the partial refinancing of the bond expiring on December 14, 2017 in the amount of CHF 125 million and for the financing of the mid-term growth. Temporarily it will be used to repay short-term bank debt and for general corporate purposes.
Investors
Dr. Martin Zwyssig
CFO
T +41 52 244 82 82
F +41 52 244 83 37
investor@autoneum.com
Media
Dr. Anahid Rickmann
Head Corporate Communications & Responsibility
T +41 52 244 83 88
F +41 52 244 83 36
media@autoneum.com