Successful issuance enables Group to extend debt maturity profile and further strengthens its financing structure.
Glattpark (Opfikon), 3 November 2021 – Implenia today successfully placed a senior bond for a total amount of CHF 150 million in the Swiss capital market. The bond was issued at par with a maturity of 4 years and priced with an interest rate of 2.00%.
The proceeds from the issue will be used to redeem part of the outstanding CHF 175 million convertible bond maturing on 30 June 2022. The successful issuance enables Implenia to extend its debt maturity profile and further strengthens the company's financing structure.
The bond shall be admitted to trading and listed on the SIX Swiss Exchange. Settlement date of the bond is expected on 26 November 2021. Commerzbank, Credit Suisse, UBS and Zürcher Kantonalbank acted as joint lead managers and bookrunners of the offering.
Senior unsecured bond
3 November 2021
SIX Swiss Exchange
Use of Proceeds
Refinancing of existing indebtedness, including redemption of the CHF 175 million convertible bond due on 30 June 2022
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Agenda: 01 March 2022: Media and analysts' conference on the 2021 full-year results 29 March 2022: Annual General Meeting
As Switzerland’s leading construction and real estate service provider, Implenia develops and builds homes, workplaces and infrastructure for future generations in Switzerland and Germany. It also plans and builds complex infrastructure projects in Austria, France, Sweden and Norway. Formed in 2006, the company can look back on around 150 years of construction tradition. The company brings together the know-how of its highly skilled consulting, planning and execution units under the umbrella of an integrated leading multinational construction and real estate service provider. With its broad offering and the extensive experience of its specialists, the Group can realise complex major projects and provide customer-centric support across the entire life-cycle of a building or structure. It focuses on customer needs and on striking a sustainable balance between commercial success and social and environmental responsibility. Implenia, with its headquarters in Opfikon near Zurich, employs more than 8,500 people in Europe and posted revenue of almost CHF 4 billion in 2020. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at implenia.com.