Sika successfully places bond issue
Sika AG successfully placed today a 6-year bond issue with an amount of CHF 150 million and a coupon of 1.0% per annum and a 10-year bond issue of CHF 150 million and a coupon of 1.75% per annum in the Swiss capital market.
The payment date of the bonds is July 12, 2012. The issues were placed under the lead management of UBS AG. The net proceeds of the transaction will be used to support the growth strategy of Sika and to serve the company’s long-term, general financing.