PTA-Adhoc: Georg Fischer AG: GF procures long-term funding

Tuesday, 25. August 2020 17:45

Announcement according to SIX adhoc publication article 53 KR

Schaffhausen (pta035/25.08.2020/17:45) - GF raised today CHF 200 million on the Swiss debt capital market. The new bond has a term of 9.5 years and carries a coupon of 0.95%.

The bond has been issued through the lead banks Credit Suisse and Zürcher Kantonalbank at a price of 100.375%. Through this emission, GF is taking advantage of the significant improvement of capital market conditions, which took place since April 2020. With the transaction, GF further expands its financial flexibility to pursue long-term strategic targets and to potentially repay existing bank loans.

The bond will be listed on the SIX Swiss Exchange and the payment day of the bond will be 25 September 2020.

DISCLAIMER
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES NOR DOES IT CONSTITUTE A PROSPECTUS WITHIN THE MEANING OF ARTICLE 652A OR 1156 OF THE SWISS CODE OF OBLIGATIONS OR A LISTING PROSPECTUS PURSUANT TO THE LISTING RULES OF THE SIX SWISS EXCHANGE.

(end)

emitter: Georg Fischer AG
address: Amsler-Laffon-Strasse 9, 8200 Schaffhausen
country: Switzerland
contact person: Beat Römer
phone: +41 52 631 26 77
e-mail: beat.roemer@georgfischer.com
website: www.georgfischer.com

ISIN(s): CH0001752309 (share)
stock exchanges: listed in SIX Swiss Exchange

[ source: http://www.pressetext.com/news/20200825035 ]

Related Links: Georg Fischer AG
Author: