Sika AG ("Sika") lanciert eine Pflichtwandelanleihe im Betrag von bis zu CHF 1'300 Millionen mit Fälligkeit in 2022 (die "Pflichtwandelanleihe"). Sika beabsichtigt den Erlös der Pflichtwandelanleihe für die Finanzierung der kürzlich angekündigten Akquisition von Parex sowie für allgemeine Unternehmenszwecke zu verwenden.

Die Pflichtwandelanleihe wird bei Fälligkeit, vorbehältlich des Rechts zur vorzeitigen Umwandlung von Sika und den Anleihegläubigern gemäss den allgemeinen Anleihebedingungen, verpflichtend in neue oder bereits existierende Namenaktien der Sika umgewandelt. Die Pflichtwandelanleihe mit einer Stückelung von je CHF 200'000 wird zu 100% des Ausgabepreis emittiert und hat einen jährlichen Coupon zwischen 3.75% und 4.00%, welcher nachträglich zahlbar ist.

Die Pflichtwandelanleihe hat eine Untergrenze, welche dem Referenz-Aktienpreis ("Referenzpreis") entspricht, die maximale Wandlungsprämie liegt zwischen 12.5% bis 15.0% über dem Referenzpreis. Es wird erwartet, dass der Referenzpreis dem Platzierungspreis von Aktien entsprechen wird, welche im Rahmen von Sicherungsgeschäften einzelner Pflichtanleiheinvestoren im Markt über ein beschleunigtes Platzierungsverfahren bei Investoren platziert werden.

Wie in den allgemeinen Anleihebedingungen beschrieben, wird die Pflichtwandelanleihe nachrangig zu bestehenden Verbindlichkeiten von Sika sein.

Sika hat das Recht die Zahlung des Coupons jederzeit nach eigenem Ermessen zu einem Teil oder ganz aufzuschieben. Fällige Zinszahlungen können jederzeit nach dem Ermessen von Sika zu Teilen oder ganz oder verbindlich bei dem Eintreten bestimmter Ereignisse gemäss den allgemeinen Bedingungen erfolgen. Sika wird die finalen Konditionen der Pflichtwandelanleihe, inklusive dem Coupon, dem maximalen Wandlungspreis, Referenzpreis sowie dem Emissionsvolumen nach dem Abschluss der Platzierung der Pflichtwandelanleihe bekannt geben, welche voraussichtlich vor der Markteröffnung am 23. Januar 2019 abgeschlossen sein wird.

Das Angebot beinhaltet ein öffentliches Angebot in der Schweiz sowie private Platzierungen der Pflichtwandelanleihe bei professionellen Investoren in anderen Jurisdiktionen. Die Pflichtwandelanleihe wird Investoren ausserhalb der USA gemäss Regulation S des US Securities Act von 1933 angeboten und ansonsten in Übereinstimmung mit geltenden aktienrechtlichen Gesetzen, Regeln und Regulationen. Die Liberierung der Pflichtwandelanleihe ist für den 30. Januar 2019 vorgesehen. Das Gesuch zur Kotierung und zum Handel der Pflichtwandelanleihe gemäss Standard für Anleihen an der SIX Swiss Exchange wird gestellt. Sika beabsichtigt die Pflichtwandelanleihe von S&P raten zu lassen.

Sika hat einer 90-tägigen Lock-up Periode zugestimmt, welche ab dem Tag der Festlegung des finalen Preises beginnt. UBS agiert als Global Coordinator und Joint Bookrunner. Citigroup agiert als Joint Bookrunner neben UBS.

Important Notice

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CONSEQUENTLY, NO KEY INFORMATION DOCUMENT REQUIRED BY REGULATION (EU) NO 1286/2014, AS AMENDED (THE "PRIIPS REGULATION") FOR OFFERING OR SELLING THE NOTES OR OTHERWISE MAKING THEM AVAILABLE TO RETAIL INVESTORS IN THE EEA HAS BEEN PREPARED AND THEREFORE OFFERING OR SELLING THE NOTES OR OTHERWISE MAKING THEM AVAILABLE TO ANY RETAIL INVESTOR IN THE EEA MAY BE UNLAWFUL UNDER THE PRIIPS REGULATION.

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