Kuehne + Nagel successfully issues two inaugural bonds for a total of CHF 400 million

29.05.2019 | from Kühne + Nagel Management AG


Kühne + Nagel Management AG

29.05.2019, CHF 200 million with a fixed coupon of 0.02% and a tenorof 3 years 5 months. CHF 200 million with a fixed coupon of 0.20% and a tenorof 6 years.

In the ordinary course of financing Kuehne + Nagel International AG today issued two inaugural bonds.The proceeds of both bonds will be used for general corporate purposes.

The first bond has a fixed coupon of 0.02% and a tenor of 3 years 5 months, maturing on November 18, 2022. The second bond has a fixed coupon of 0.20% and a tenor of 6 years, maturing on June 18, 2025.

“These bond issues allow Kuehne + Nagel to benefit from the current attractive interest rates and to optimise the financing structure while enhancing our strategic flexibility. We see it as an additional opportunity to engage with the Swiss Capital Market to support our strategy”, says Markus Blanka-Graff, CFO Kuehne + Nagel International AG.

Disclaimer
Prospective investors are strongly requested to consult their investment advisors.

This press info is not intended to, and does not, constitute, represent or form part of any offer, invitation or solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise.

This press info is not for distribution in the United States of America or to U.S. persons. Further restrictions apply, in particular, in the European Economic Area, in the United Kingdom and in Italy.

Each investor domiciled in another jurisdiction than Switzerland who takes notice of this press release, must therefore make himself familiar about any restrictions and consequences which might be applicable due to the relevant law of such other jurisdiction.


Contact:
Roger Sutter
roger.sutter@kuehne-nagel.com
Tel+41 44 786 95 58

--- END press release Kuehne + Nagel successfully issues two inaugural bonds for a total of CHF 400 million ---

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HELP.ch


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