Straumann Holding AG raises a further CHF 200 million through the successful placement of a new five-year straight bond

 

 

Basel, 10 June 2020 – Straumann Holding AG successfully placed a new CHF 200 million straight bond today, which will mature on 3 October 2025. The issue price was fixed at 100.196% and the payment date is 15 July 2020. Proceeds from the transaction will be used for general corporate purposes. The issue was managed by UBS Investment Bank and Zürcher Kantonalbank.

 

Key facts:

Total amount issued:      CHF 200 million

Settlement date:              15 July 2020

Maturity date:                  3 October 2025

Issue price:                      100.196%

Redemption:                   100%

Coupon:                          0.55% p.a.

Yield for investors:          0.512%

Lead Manager:                UBS Investment Bank, Zürcher Kantonalbank

Security number:             55199068

ISIN/common code:        CH0551990689

 

About Straumann

The Straumann Group (SIX: STMN) is a global leader in tooth replacement and orthodontic solutions that restore smiles and confidence. It unites global and international brands that stand for excellence, innovation and quality in replacement, corrective and digital dentistry, including Anthogyr, ClearCorrect, Dental Wings, Medentika, Neodent, Straumann and other fully/partly owned companies and partners. In collaboration with leading clinics, institutes and universities, the Group researches, develops, manufactures and supplies dental implants, instruments, CADCAM prosthetics, biomaterials and digital solutions for use in tooth replacement and restoration or to prevent tooth loss.

 

Headquartered in Basel, Switzerland, the Group currently employs approx. 7680 people worldwide and its products, solutions and services are available in more than 100 countries through a broad network of distribution subsidiaries and partners.

 
 

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