The proceeds from the issue will be used to redeem part of the outstanding CHF 175 million convertible bond maturing on 30 June 2022. The successful issuance enables Implenia to extend its debt maturity profile and further strengthens the company’s financing structure.
The bond shall be admitted to trading and listed on the SIX Swiss Exchange. Settlement date of the bond is expected on 26 November 2021. Commerzbank, Credit Suisse, UBS and Zürcher Kantonalbank acted as joint lead managers and bookrunners of the offering.
Issuer Implenia AG
Issue Amount CHF 150,000,000
Type Senior unsecured bond
Interest Rate 2.00% p.a.
Term 4 years
Issue Date 3 November 2021
Listing SIX Swiss Exchange
Use of Proceeds Refinancing of existing indebtedness, including redemption of the CHF 175 million convertible bond due on 30 June 2022
Joint Lead Managers Commerzbank, Credit Suisse, UBS, Zürcher Kantonalbank
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.
This document does not, and is not intended to, constitute or contain an offer or invitation to sell, and it is not soliciting offers to buy, bonds in any jurisdiction. In addition, the securities of Implenia AG have not been and will not be registered under the U.S. Securities Act and may not be offered, sold or delivered within the United States or to U.S. persons absent from registration under or an applicable exemption from the registration requirements of the United States Securities laws.
This document does not constitute a prospectus within the meaning of the Swiss Financial Services Act. The relevant prospectus, once approved by the Swiss review body, will be available free of charge upon request at UBS AG, Investment Bank, Swiss Prospectus Switzerland, P.O. Box, 8098 Zurich, Switzerland, or can be ordered by telephone +41 44 239 47 03 (voicemail), fax +41 44 239 69 14 or by e-mail swiss-prospectus@ubs.com
As Switzerland’s leading construction and real estate service provider, Implenia develops and builds homes, workplaces and infrastructure for future generations in Switzerland and Germany. It also plans and builds complex infrastructure projects in Austria, France, Sweden and Norway. Formed in 2006, the company can look back on around 150 years of construction tradition. The company brings together the know-how of its highly skilled consulting, planning and execution units under the umbrella of an integrated leading multinational construction and real estate service provider. With its broad offering and the extensive experience of its specialists, the Group can realise complex major projects and provide customer-centric support across the entire life-cycle of a building or structure. It focuses on customer needs and on striking a sustainable balance between commercial success and social and environmental responsibility. Implenia, with its headquarters in Opfikon near Zurich, employs more than 8,500 people in Europe and posted revenue of almost CHF 4 billion in 2020. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at implenia.com.
Implenia AG
Industriestrasse 24
CH8305 Dietlikon
Telefon: +41 (44) 80545-43
Telefax: +41 (44) 80545-20
http://www.implenia.com/
Telefon: +41 (58) 47474-77
E-Mail: communication@implenia.com
Telefon: +41 (58) 47429-99
E-Mail: ir@implenia.com
