Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Monday, 5 March 2018


Sika AG    


Sika AG today successfully placed a bond with a total amount of CHF 300 million through a double tranche. The payment date of the bonds is March 27, 2018. The bonds were placed under the lead management of UBS AG and Credit Suisse AG. They will be listed on the SIX Swiss Exchange. The net proceeds of the transaction will be used to support the growth strategy of Sika, to serve the company's long-term, general financing, and for acquisitions.

  • CHF 160 million bond 2018-2020 with a floating interest rate based on 3-month CHF LIBOR, paid quarterly. There is a minimum interest rate of 0.00% and a maximum interest rate of 0.05%. The bond was issued at 100.602%, which reflects a yield at launch
    of -0.30%.

  • CHF 140 million bond 2018-2026 with a fixed coupon of 0.60% per annum. The bond was issued at 100.351% which reflects a yield of 0.555%.



Dominik Slappnig
Corporate Communications &
Investor Relations
+41 58 436 68 21



Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and motor vehicle industry. Sika has subsidiaries in 100 countries around the world and manufactures in over 200 factories. Its more than 18,000 employees generated annual sales of CHF 6.25 billion in 2017.


The media release can be downloaded from the following link:

Media Release

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Sika AG, Zugerstrasse 50, Baar CH-6341, Schweiz
If you would like to unsubscribe and stop receiving these e-mails click here.