Financial Advisor to WWZ AG on the successful issuance of a debut bond

Financial Advisor to WWZ AG on the successful issuance of a debut bond

In order to finance landmark investments, Zug-based energy, telecom and water supplier WWZ AG successfully placed a long-term CHF 100 million debut bond on the Swiss capital market at the beginning of September 2021. The funding significantly contributes to the realisation of the expansion of eco-friendly district heating / cooling projects. The bond with a duration of 12 years has been issued with a coupon of 0.20% and the admission for the trading at the SIX Swiss Exchange starting on 28 September 2021 has been granted. By raising debt, the WWZ Group can further strengthen its position in the future markets for district heating and cooling and make a contribution to reducing CO2 emissions (press release WWZ AG).

 

IFBC supported the company as a financial advisor during the entire financing process, including the development of the financing concept, the negotiations with potential investors and finally the successful closing of the credit facilities and the bond issuance.

 

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IFBC Team

info@ifbc.ch