This is the first issuance of senior bonds by the newly formed Helvetia Baloise Group following the merger of Helvetia and Baloise. It received a high level of demand from a broad base of investors.
The transaction included three tranches:
• CHF 150 million with a maturity up to 2028 and a coupon of 0.625%
• CHF 175 million with a maturity up to 2032 and a coupon of 1.125%
• CHF 225 million with a maturity up to 2036 and a coupon of 1.50%
"This successful transaction is the first capital market issuance of the new Helvetia Baloise Group and demonstrates the great confidence investors have in our merged company," explained Matthias Henny, Group Chief Financial Officer of Helvetia Baloise. "The positive response confirms that the market recognises the strategic logic of the merger, the stronger diversification of our income base, and our solid financial profile."
The transaction was accompanied by Bank J. Safra Sarasin, BNP Paribas, Deutsche Bank, and UBS as joint lead managers.
Media Contact:
Corporate Communications
Phone: +41 58 280 50 33
media.relations@helvetia-baloise.com