Capital/Financing Update • Apr 16, 2024
Capital/Financing Update
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Galenica AG / Key word(s): Bond
Galenica successfully places a bond of over CHF 100 million
16.04.2024 / 18:05 CET/CEST
Press release
The bond has a term of 7 years and an annual coupon of 1.65%. The proceeds from the transaction will be used for general corporate purposes. With this new bond, Galenica is reducing its short-term financial liabilities and securing its long-term financing. The term until 2031 ideally complements the terms of the outstanding bonds from 2026 (CHF 180 million, coupon 1.0%) and 2029 (CHF 240 million, coupon 2.35%).
UBS and Zürcher Kantonalbank are joint lead manager for this issue. An application for admission to trading on the SIX Swiss Exchange for the bond is being made.
Dates for the diary
| 23 May 2024 | Galenica Group sales update |
| 6 August 2024 | Galenica Group half-year results 2024 |
| 24 October 2024 | Galenica Group sales update |
For further information, please contact:
| Media Relations: E-Mail: [email protected] Tel. +41 58 852 85 17 |
Investor Relations: E-Mail: [email protected] Tel. +41 58 852 85 31 |
*Welcome to the Galenica network!
Our ambition is to meet the needs of patients and customers in the Swiss healthcare market in a seamless, efficient and personalised way. To achieve this, we operate the Galenica network with over 20 Business Units, the strongest partners in the Swiss healthcare market. We offer fully integrated solutions both for customers and patients as well as for pharmacies, drugstores, medical practices, hospitals, retirement and nursing homes, home care providers, wholesalers, pharmaceutical companies, health insurance funds and other partners.
Galenica is listed on the Swiss Stock Exchange (SIX Swiss Exchange, GALE, security number 36,067,446). Additional information concerning Galenica can be found at www.galenica.com .*
End of Media Release
| Language: | English |
| Company: | Galenica AG |
| Untermattweg 8 | |
| 3027 Bern | |
| Switzerland | |
| Phone: | +41 058 852 81 11 |
| E-mail: | [email protected] |
| Internet: | https://www.galenica.com |
| ISIN: | CH0360674466 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1881579 |
| End of News | EQS News Service |
1881579 16.04.2024 CET/CEST
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