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.
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Issuer
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Implenia AG, Glattpark (Opfikon)
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Issue Amount
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CHF 175'000'000.00
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Status
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Non-subordinated, unsecured
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Interest Rate
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3.00% p.a.
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Term
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4 years
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Issue Date
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April 17, 2024
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Listing
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SIX Swiss Exchange
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Use of Proceeds
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General corporate purposes, which may include the refinancing of existing indebtedness
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Joint Lead Managers
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Commerzbank Aktiengesellschaft, Raiffeisen Schweiz Genossenschaft, UBS AG, Zürcher Kantonalbank
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NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.
This document does not, and is not intended to, constitute or contain an offer or invitation to sell, and it is not soliciting offers to buy, bonds in any jurisdiction. In addition, the securities of Implenia AG have not been and will not be registered under the U.S. Securities Act and may not be offered, sold or delivered within the United States or to U.S. persons absent from registration under or an applicable exemption from the registration requirements of the United States Securities laws.
This document does not constitute a prospectus within the meaning of the Swiss Financial Services Act. The relevant prospectus, once approved by the Swiss review body, will be available free of charge upon request at UBS AG, Investment Bank, Swiss Prospectus Switzerland, P.O. Box, 8098 Zurich, Switzerland, or can be ordered by telephone +41 44 239 47 03 (voicemail), fax +41 44 239 69 14 or by e-mail swiss-prospectus@ubs.com
Contact for media:
Corporate Communications, T +41 58 474 74 77, communication@implenia.com
Contact for Investors and Analysts:
Investor Relations, T +41 58 474 35 04, ir@implenia.com
Dates for investors:
21 August 2024: Interim results 2024, Analysts and Media Conference
26 February 2025: Annual results 2024, Analysts and Media Conference
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