Hiag places 150 million bond
Hiag Immobilien Holding placed its fifth fixed-rate bond on April 10; it has a volume of over CHF 150 million.
According to Hiag, the bond has a coupon of 0.875% and a maturity of five years. The proceeds will mainly be used to repay bank financing, it adds. The bond will enable Hiag to strengthen its financing structure and increase the remaining maturity of its financial liabilities, it said.
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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