Hiag places 125 million bond
Hiag Immobilien Holding AG has successfully placed a CHF 125 million fixed-rate bond.
According to Hiag, the fourth fixed-rate bond was placed on October 2, 2018. It has a coupon of 1.0 percent and a term of four years. According to the company, the proceeds will mainly be used to repay bank financing. The financing structure will be further diversified and the remaining term of the financial liabilities will be increased, it adds.
Credit Suisse AG and Bank Vontobel AG acted as Joint Lead Managers. Admission to trading on the SIX Swiss Exchange is being applied for. (ah)
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