Allreal issues 150 million bond

Allreal Holding AG has issued a fixed-interest bond, a so-called green bond, for CHF 150 million. This step is part of the financing strategy introduced in the previous year, which is based on green bonds, the real estate company announced. The green bond will be used to refinance short-term financial liabilities.

The coupon of the bond is 2.10% p.a. The term of the bond is seven years and ends on April 4, 2031. The issue price is 100.242%, while the redemption price is 100.000%. Payment is scheduled for April 4, 2024. Listing of the bonds on the SIX Swiss Exchange will be applied for, according to Allreal. Zürcher Kantonalbank and UBS AG are acting as joint lead managers. (ah)