Intershop Holding places bond
The issue had a volume of CHF 100 million and a coupon of 1.21%.
Intershop Holding AG placed a fixed-interest bond on January 27. The volume reportedly amounts to CHF 100 million. With a term of three years, the bond has an interest rate of 1.21 %. "The capital raised will be used for general corporate purposes and to refinance mortgage loans," writes Intershop in a press release.
The placement was coordinated by UBS AG and Zürcher Kantonalbank as joint lead managers and Raiffeisen Switzerland Cooperative as co-manager. Application will be made for admission to listing on the SIX Swiss Exchange. (aw)
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