BÂLOISE HOLDING AG Press Release
Baloise successfully places two senior bond issues
Basel,30 June2020. Baloise Group successfully placed two senior bond issues for an amount of CHF 300 Million. The two tranches had final maturities in December 2026 and December 2030 and a coupon of 0.250% and 0.500% respectively.
Baloise Group successfully launched two bond issues for a total amount of 300 Million CHF: The maturities are six and a half and ten and a half years, with respective volumes of CHF 175 Million and CHF 125 Million.
Both bonds were issued by Bâloise Holding AG, which is rated A- rating from Standard & Poor's with a stable outlook. Similar to all outstanding senior bonds of Bâloise Holding AG, the bonds themselves have no rating.
The proceeds will be used for general corporate purposes, in particular the refinancing of the bond issue maturing in October 2020.
Both bond issues will be listed at the Swiss Exchange SIX. Credit Suisse and UBS acted as Joint Lead Managers, BNP Paribas as Co-Manager on the offering. Both bonds will settle on 16 July 2020.
Further information
- Media information at www.baloise.com
Contact details for Baloise
Baloise Group, Aeschengraben 21, 4002 Basel, Switzerland
Website: www.baloise.com
Email: media.relations@baloise.com / investor.relations@baloise.com
Media Relations: Tel: +41 (0)58 285 8214
Investor Relations: Tel: +41 (0)58 285 8181
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