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2014-09-01

Rieter issues a 6y straight bond in the amount of CHF 100 million

Rieter Holding Ltd issues today a fixed rate bond in the amount of CHF 100 million. The bond is due 29 September 2020 and pays an annual coupon of 1.50%. The issue price is 100.215% minus commissions. Credit Suisse AG acts as sole lead manager.
The bond will be offered at market price for public subscription until 24 September 2014 (CH0253514779). The term of the bond is 6 years. Rieter Holding Ltd benefits from the attractive market conditions. The funds will be used for a partial re-financing of the existing bond in the amount of CHF 250 million, which is due on 30 April 2015.
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