August 26, 2009 | by Georg Fischer
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August 26, 2009, The Georg Fischer Corporation has borrowed 300 million Swiss francs in long-term capital through the issue of a bond. The bond issue is an important element in securing the Corporation's medium-term financing.
The interest paid on the bond, which will run until 2014, is 4.5 percent. The bond was issued at a price of 100.3 percent. A bank syndicate lead managed by Zürcher Kantonalbank and UBS offered the issue today to institutional and private investors. With this bond issue, Georg Fischer continues to pursue its goal of a balanced borrowing structure and a healthy maturity profile. The lively interest shown in the issue reflects investors' confidence in the Corporation and the positive outlook of Georg Fischer.
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Conclusion of this article: « Georg Fischer issues bond »
Source: Georg Fischer, Press release