SIX, the operator of the Swiss and Spanish monetary market infrastructures, has accomplished the issuance of a CHF 250 million digital bond.
The bond carries a 1.00% annual coupon and matures in 2032.
It attracted substantial investor curiosity and shall be listed on the SIX Swiss Trade.
Proceeds from the issuance shall be used for normal company functions, which can embrace the refinancing of present debt and supporting the deliberate acquisition of Aquis Trade Plc, as beforehand introduced by SIX on 11 November 2024.
Daniel Schmucki, Chief Monetary Officer of SIX, mentioned:
“This transaction marks the return of SIX to the CHF bond market since its final issuance in 2021. We’re delighted with the robust investor demand, which highlights investor belief within the progress technique of SIX and reinforces our repute as a trusted and steady accomplice within the monetary markets. The proceeds will additional strengthen our monetary flexibility, enabling us to proceed delivering modern options and creating worth for our stakeholders.”
In November 2024, Normal and Poor’s World Scores reaffirmed the issuer credit standing of SIX Group AG at A, and its subsidiaries SIX x clear AG and SIX SIS AG at A plus.
The bond is predicted to be assigned a ranking of A.
Raiffeisen Schweiz Genossenschaft, UBS AG and Zürcher Kantonalbank acted as joint lead managers for the issuance.
Featured picture credit score: SIX