NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, EUROPEAN ECONOMIC AREA OR THE UNITED KINGDOM OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
Basel, 5 April 2013 – Straumann Holding AG has launched and fully placed an inaugural CHF-denominated domestic straight bond issue for an aggregate amount of CHF 200 million with a coupon of 1.625%, due 30 April 2020. The company will apply for a listing of the Bond on the SIX Swiss Exchange.
Chief Financial Officer Thomas Dressendörfer explained: “Straumann continues to generate solid cash flows and has maintained a strong balance sheet despite significant recent acquisition activities. In the coming years, we want to increase our participation in Neodent, without compromising our independence or ability to take advantage of attractive investment opportunities to expand our business. This bond increases our financial flexibility and will support further growth initiatives in line with Straumann’s Vision 2020.
|Total amount issued:||CHF 200 million|
|Settlement date:||30 April 2013|
|Maturity date:||30 April 2020|
|Lead Manager:||UBS Investment Bank|
|Co-Lead Managers:||Basler Kantonalbank, Bank Sarasin|
Headquartered in Basel, Switzerland, Straumann (SIX: STMN) is a global leader in implant, restorative and regenerative dentistry. In collaboration with leading clinics, research institutes and universities, Straumann researches, develops and manufactures dental implants, instruments, prosthetics and tissue regeneration products for use in tooth replacement and restoration solutions or to prevent tooth loss. Straumann currently employs approximately 2500 people worldwide and its products and services are available in more than 70 countries through its broad network of distribution subsidiaries and partners.
Straumann Holding AG, Peter Merian-Weg 12, 4002 Basel, Switzerland
Phone: +41 (0)61 965 11 11 / Fax: +41 (0)61 965 11 01
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THIS INFORMATION IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES OF AMERICA OR TO US PERSONS, THE EUROPEAN ECONOMIC AREA AND THE UK OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
This media release does not constitute a prospectus within the meaning of articles 652a or 1156 of the Swiss Code of Obligations or a listing prospectus pursuant to the listing rules of the SIX Swiss Exchange. This media release is for information purposes only and does not constitute an offer or invitation to subscribe for or purchase any bonds.
This media release contains certain ‘forward-looking statements’, which can be identified by the use of terminology such as ‘continues’, ‘coming’, ‘want’, ‘attractive’ ‘opportunities’ ‘will’ ‘further’ ‘growth’, and ‘vision’, or similar wording. Such forward-looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group’s products, the potential for the Group’s products to become obsolete, the Group’s ability to defend its intellectual property, the Group’s ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group’s ability to hire and retain key talented individuals, to generate revenues and profitability, to realize its expansion projects in a timely manner, and to maintain its business relationships with suppliers, customers and other third parties. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. Straumann is providing the information in this release as of this date and does not undertake any obligation to update any forward-looking statements contained in it as a result of new information, future events or otherwise.
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