GF raises CHF 400 million on the Swiss debt capital market
Today, GF raised CHF 400 million on the Swiss debt capital market and is taking advantage of the improved market conditions. With the bond issuance GF reached a further important milestone regarding the refinancing of the bank loans used for the financing of the Uponor acquisition in November 2023.
The new bonds were issued in two tranches with terms of 4 and 8 years. The 4-years bond reached a volume of CHF 200 million at a coupon of 1.03% and the 8-years bond reached a volume of CHF 200 million at a coupon of 1.545%. The bonds have been issued through the lead banks Commerzbank AG and Deutsche Bank AG.
The bonds will be listed on the SIX Swiss Exchange and the payment day will be 6 June 2025.
DISCLAIMER
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES NOR DOES IT CONSTITUTE A PROSPECTUS WITHIN THE MEANING OF ARTICLE 652A OR 1156 OF THE SWISS CODE OF OBLIGATIONS OR A LISTING PROSPECTUS PURSUANT TO THE LISTING RULES OF THE SIX SWISS EXCHANGE.
For further information please contact
Beat Römer, Head Corporate Communications
+41 (0) 79 290 04 00, media@georgfischer.com
Christoph Ladner, Investor Relations
+41 (0) 52 547 13 50, ir@georgfischer.com
GF, with a rich history in industrial innovation, is actively reshaping itself to become the global leader in Flow Solutions for Industry, Infrastructure and Buildings. With its divisions, GF Piping Systems and GF Building Flow Solutions, GF delivers essential products and solutions that enable the safe and efficient transport of liquids and gases worldwide. As part of its strategic transformation, GF is divesting its GF Machining Solutions division and is evaluating strategic options for its GF Casting Solutions division. Founded in 1802, GF is headquartered in Switzerland and present in 46 countries with 184 companies, 74 of which are production companies as per end of 2024. GF employs about 19’000 professionals and generated sales of CHF 4’776 million in 2024. GF is listed on the Swiss stock exchange.
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