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SGS SA Announces Pricing in Respect of its Exchange Offer

February 20, 2014

Further to its previous announcements dated February 6, February 7 and February 20, 2014, respectively, SGS announces the final pricing details for the Exchange Offer:

New 2022 Bond Reference Benchmark Rate1.0565%
New 2022 Bond Spread25 bps
New 2022 Bond Yield (annual)1.3065%
New 2022 Bond Coupon (annual)1.375%
New 2022 Bond Price100.517%
Exchange Ratio1.037138
Accrued Interest per Existing CHF5,000 2016 Bond (before Swiss Withholding Tax)CHF 48.96
New 2022 Bond Nominal AmountCHF 138,306,000

In total, CHF 133,445,000 in aggregate nominal amount of the Existing 2016 Bonds will be accepted by SGS pursuant to the Exchange Offer.

Capitalised terms used in this announcement but not defined have the meanings given to them in the Exchange Offer Memorandum.

The terms and conditions of the exchange offer can be found on our Website:

  • Preliminary Prospectus for the new 2022 Bonds
  • Exchange Offer Memorandum

Download the documents.

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

About SGS

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.

  • SGS Headquarters

1 Place des Alpes,

P.O. Box 2152 1211,

Geneva Switzerland