Implenia ensures financial flexibility by using a wide range of financial instruments and securing a well-balanced maturity profile.
Our long-term debt consists mainly of bonds in Swiss Franc and promissory note loans in Euro.
In addition, Implenia uses a syndicated facility agreement with a Swiss syndicate providing revolving credit facilities in Swiss Franc. For short-term financing needs, we can use the revolving credit facility as well as bilateral credit facilities.
Maturity profile of debt financing instruments
as at 31.12.2021
Implenia AG issued and listed the following bonds on the SIX Swiss Exchange:
The CHF 175 million convertible bond had been repaid upon maturity date 30 June 2022.
Bond credit ratings / Analysts
The outlined ratings comply with banking internal criteria. Please note that all credit ratings are subject to revision at any time. We make no claim that below list is complete or up-to-date. The evaluations, judgments and expectations do not necessarily reflect the opinion of Implenia AG or its management. (Updated: 30.09.2022)
Please contact the respective analyst directly if you wish to receive a copy of a bond rating report.
Outstanding promissory note loans
In June 2017, Implenia issued a promissory note loan (private placement), for a total amount of EUR 60 million. The three EUR-denominated tranches have fixed interest rates and maturities of four, six and eight years. The first tranche had been repaid in 2021.
EUR 20 m
EUR 30 m
Syndicated Facility Agreement
Implenia has a revolving syndicated facility agreement of CHF 650 million in place. The unsecured facility consists of a CHF 100 million revolving loan and a CHF 550 million guarantee facility with a term to 31 December 2023.