Oerlikon successfully placed CHF 575 million senior unsecured bonds

OC Oerlikon Corporation AG, Pfäffikon (“Oerlikon”) announces the successful placement of three series of senior unsecured bonds: CHF 125 million due in November 2022, CHF 250 million due in November 2025, and CHF 200 million due in November 2028 (together, the “Bonds”). The offering attracted broad investor demand.

The coupons have been set at 0% per annum for the bonds due 2022, 0.375% per annum for the bonds due 2025 and 0.80% per annum for the bonds due 2028. The coupons for the series 2025 and 2028 are payable annually on November 27, with a first short coupon for the period from May 27 until November 27, 2021.

An application for the Bonds to be admitted for listing and trading on the SIX Swiss Exchange will be filed, with provisional trading expected to commence on or around May 26, 2021. Settlement date of the Bonds is expected on May 27, 2021.

Commerzbank, Credit Suisse, UBS and Zürcher Kantonalbank acted as the joint lead managers and bookrunners, and Deutsche Bank acted as a co-manager on the offering.