Securities Number / ISINTranche 1: 122654385 / CH1226543853
Tranche 2: 122654386 / CH1226543861
Tranche 3: 122654387 / CH1226543879
Company and issuer's officeSika AG, Zugerstrasse 50, CH-6341 Baar
Instrument ratingStandard & Poor's A-
Notional amountTranche 1: CHF 100 million
Tranche 2: CHF 200 million
Tranche 3: CHF 300 million
FormatFixed-rate bonds
CouponsTranche 1: 1.60% p.a.
Tranche 2: 1.90% p.a.
Tranche 3: 2.35% p.a.
Interest dateTranche 1: Payable annually in arrears on 28 May
Tranche 2/3: Payable annually in arrears on 28 November
Price of issue
(before commissions and expenses)		Tranche 1: 100.067%
Tranche 2: 100.036%
Tranche 3: 100.097%
Placement pricePlacement price according to offer and demand
Pricing date31 October 2022
Issue date28 November 2022
Tenor/DurationTranche 1: 1.5 years, fixed
Tranche 2: 3 years, fixed
Tranche 3: 6 years, fixed
Maturity date:Tranche 1: 28 May 2024
Tranche 2: 28 November 2025
Tranche 3: 28 November 2028
Standard unitsCHF 5'000 nominal, or a multiple thereof
Listing venueSIX Swiss Exchange
Governing lawSwiss law
Place of jurisdictionZurich
CovenantsPari Passu, Negative Pledge, Cross Default, Change of Control
FormThe Bonds will be issued in uncertificated securities in accordance with Art. 973c of Swiss Code of Obligations
Selling restrictionsIn particular U.S.A., U.S. persons, European Economic Area and United Kingdom
Joint Lead ManagersUBS Investment Bank, Credit Suisse, Zürcher Kantonalbank
Sika AG Triple Tranche Bonds 2022 CHF 600m Prospectus
Document
PDF - 1 MB (en)