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The following press release was publicized on February 24, 2014 about the issuance of CHF 388 million bonds.

Download the 2022 Bonds prospectus (PDF - 3.8 MB)  
Download the 2024 Bonds prospectus (PDF - 3.8 MB)
Exchange Offer Memorandum (PDF 174 KB)

SGS Issues CHF 388 Million Bond in a Dual Transaction

SGS SA announces today the successful issuance of a 10 year CHF 250 million straight bond with a coupon of 1.38%, and the re-opening for CHF 138 million of its outstanding 1.375%, 7 year bond, 2014-2022. SGS SA will use the net proceeds of these transactions for general corporate purposes. SGS SA will apply for the listing of the new bond on the SIX Swiss Exchange.

Key data first tranche

Issue amount: CHF 138 million with re-opening clause
Payment date: February 27, 2014
Maturity: February 25, 2022
Coupon: 1.375%
Issue price: 100.517%
Redemption price: 100%
Joint Lead-managers: The Royal Bank of Scotland plc, Edinburgh, Zurich Branch, Zürcher Kantonalbank, Credit Suisse, UBS Investment Bank

Key data second tranche

Issue amount: CHF 250 million with re-opening clause
Payment date: February 27, 2014
Maturity: February 27, 2024
Coupon: 1.750%
Issue price: 101.019%
Redemption price: 100%
Joint Lead-managers: The Royal Bank of Scotland plc, Edinburgh, Zurich Branch, Zürcher Kantonalbank, Credit Suisse, UBS Investment Bank

 

This document must be read in conjunction with the Exchange Offer Memorandum. This document and the Exchange Offer Memorandum contain and incorporate by reference important information which should be read carefully before any decision is made with respect to the Exchange Offer. If you are in any doubt as to the contents of this announcement or the Exchange Offer Memorandum or the action you should take, you are recommended to seek your own financial and legal advice, including as to any tax consequences, immediately from your stockbroker, bank manager, solicitor, accountant or other independent financial adviser or legal adviser. None of the Dealer Managers, the Exchange Agent or the Issuer (or their respective directors, employees or affiliates) makes any recommendation as to whether bondholders should offer Existing 2016 Bonds for exchange pursuant to the Exchange Offer.

This document does not constitute an offer or invitation to subscribe for, purchase or exchange any securities of SGS. It is not being issued in countries where the public dissemination of the information contained herein may be restricted or prohibited by law. In particular, this information is not being issued in the United States of America and should not be distributed to U.S. persons or publications with a general circulation in the United States or outside Switzerland. Securities of SGS are not being publicly offered outside of Switzerland. In particular, the securities of SGS have not been registered under U.S. securities law and may not be offered, sold or delivered within the United States to U.S. persons absent the registration under or an applicable exemption from the registration requirements of the U.S. securities laws. This document does neither constitute an issuance prospectus within the meaning of art. 652a or art. 1156 of the Swiss Code of Obligations nor a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange.