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SGS issues CHF 250 million Benchmark Bond
SGS SA announces the successful issuance of ten year CHF 250million straight bond with a coupon of 1.75 per cent. SGS SA will use the net proceeds of this transaction for general corporate purposes. SGS SA will apply for the listing of the bonds on the SIX Swiss Exchange.
SGS announces spread fixing of the new 2022 Bonds
SGS yesterday announced the launch of an exchange offer to holders of the existing 2016 CHF 625million Bonds, subject to applicable offering restrictions, to exchange their existing 2016 Bonds, with a minimum exchange amount of CHF 100million and a maximum exchange amount of CHF 400million, into new bonds with a term of 8 years (the new 2022 Bonds).
SGS announces that the new 2022 Bonds spread is 25 basis points over the 8-year Swiss Franc Mid-Swap Rate.
For further information, please contact:
Jean-Luc de Buman
Corporate Development, Communications & IR
1 place des Alpes
CH - 1211 Geneva 1
t: +41-22 739 91 11
f: +41-22 739 92 00
SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 80,000 employees, SGS operates a network of over 1,650 offices and laboratories around the world.