Securities Number / ISIN | Tranche 1: 134861412 / CH1348614129 Tranche 2: 134861413 / CH1348614137 |
Company and issuer's office | Sika AG, Zugerstrasse 50, CH-6341 Baar |
Instrument rating | Standard & Poor's A- |
Notional amount | Tranche 1: CHF 200 million Tranche 2: CHF 200 million |
Format | Fixed-rate bonds |
Coupons | Tranche 1: 1.65% p.a. Tranche 2: 1.8750% p.a. |
Interest date | Tranche 1: Payable annually in arrears on 28 November Tranche 2: Payable annually in arrears on 27 May |
Price of issue (before commissions and expenses) | Tranche 1: 100.042% Tranche 2: 100.371% |
Placement price | Placement price according to offer and demand |
Pricing date | 13 May 2024 |
Issue date | 28 May 2024 |
Tenor/Duration | Tranche 1: 5.5 years, fixed Tranche 2: 9 years, fixed |
Maturity date: | Tranche 1: 28 November 2029 Tranche 2: 27 May 2033 |
Standard units | CHF 5'000 nominal, or a multiple thereof |
Listing venue | SIX Swiss Exchange |
Governing law | Swiss law |
Place of jurisdiction | Zurich |
Covenants | Pari Passu, Negative Pledge, Cross Default, Change of Control |
Form | The Bonds will be issued in uncertificated securities in accordance with Art. 973c of Swiss Code of Obligations |
Selling restrictions | In particular U.S.A., U.S. persons, European Economic Area and United Kingdom |
Joint Lead Managers | UBS Investment Bank, Zürcher Kantonalbank |