Basel, Switzerland, 13 June 2017 – Lonza Swiss Finance Ltd, a wholly owned company of Lonza Group Ltd, Basel (“Lonza”), today announced the pricing of its dual tranche CHF 235 million straight bonds. The bonds have a maturity of 4 and 7 years respectively with coupons of 0.200% and 0.700%.
The issuer is Lonza Swiss Finance Ltd, Basel, and the bonds will be guaranteed by Lonza. Lonza will apply for the listing of the bonds on the SIX Swiss Exchange. The proceeds of the bonds will be used for the refinancing of the Capsugel acquisition.
Key Data
Issue Size 4-Year Bond: CHF 125 million
Expected Payment Date: 12 July 2017
Maturity: 12 July 2021 (4 years)
Issue Price: 100.179 percent
Redemption Price: 100 percent
Coupon: 0.200 percent p.a.
Joint Lead Managers: BNP Paribas (Suisse) AG, Credit Suisse AG,
UBS AG and Zürcher
Kantonalbank
Issue Size 7-Year Bond: CHF 110 million
Expected Payment Date: 12 July 2017
Maturity: 12 July 2024 (7 years)
Issue Price: 100.222 percent
Redemption Price: 100 percent
Coupon: 0.700 percent p.a.
Joint Lead Managers: BNP Paribas (Suisse) AG, Credit Suisse AG,
UBS AG and Zürcher
Kantonalbank