The following bonds were issued to contribute to the financing of the growth of the Group.

Coupon   Amount in CHF mn   Terms   Remarks   S&P Rating   Details      
1.000% 150.0 2012 - 7/12/2018 Bond with fixed interest rate A- Details  
1.750% 150.0 2012 - 7/12/2022 Bond with fixed interest rate A- Details  
1.125% 200.0 2013 - 11/14/2019 Bond with fixed interest rate A- Details  
1.875% 200.0 2013 - 11/14/2023 Bond with fixed interest rate A- Details  

Sika almost exclusively finances its operations through the issuance pf bonds. Local credit lines are used to a limited extend. These are set up and managed centrally.