On September 26, 2016, Siegfried Holding AG successfully placed a subordinated public hybrid bond in the amount of CHF 145 m at a yearly coupon of 2.125%. The proceeds are used for capital structure management purposes and repayment of existing bank loans. The instrument is perpetual with an initial option to redeem after five years. The hybrid bond is ranking pari-passu with the public hybrid bond of CHF 100 m, issued by Siegfried on 2 October 2015, as well as with the privately placed CHF 60 m hybrid convertible bond with RAG-Stiftung Beteiligungsgesellschaft mbH, issued by Siegfried on 29 September 2015. The bond will be applied for listing at SIX Swiss Exchange. The bond was placed under the lead of UBS Investment Bank and Zürcher Kantonalbank.

Siegfried Holding AG was advised by Homburger. The Homburger team was led by partner Jürg Frick (Financial Services), comprised partners Heinz Schärer (Corporate | M&A), Dieter Grünblatt (Tax) and Stefan Oesterhelt (Tax) and associate David Borer (Financial Services).