Galenica locks in mid- and long-term financing at attractive conditions with the issuance of bonds(PresseBox) (Bern, )
The bonds attracted strong demand across a broad spectrum of investors (largely institutional clients). The issue consists of two tranches: an intermediate tranche of CHF 200 million at 0.50% coupon maturing after 6 years in June 2023 and a longer tranche of CHF 180 million at 1.00% coupon maturing after 9 ½ years in December 2026.
The banks responsible for this transaction were Credit Suisse as lead manager and bookrunner, and Zürcher Kantonalbank as lead manager. An application for admission to trading on the SIX Swiss Exchange for the bonds is being made.