CPH Chemie + Papier Holding successfully issues 120M Swiss franc corporate bond that has five-year term, carries coupon of 2.75%; proceeds from bond issue will be used to partially repay syndicated bank loans, growth-related investments

PERLEN, Switzerland , June 27, 2014 (press release) – CPH Chem ie + Papier Holding AG (CP HN) is issuing its first - ever Swiss - franc corporate bond on the Swiss capital market. The CHF 120 million bond carries a coupon of 2,75 %. CPH Chemie + Papier Holding AG, the holding company of the CPH Group, successfully issued a CHF 120 million corporate bond today. The bond has a term of five years and carries a coupon of 2,75 %. The issue was coordinated by UBS AG , with payment due for 10 Jul y 2014.

The proceeds from the bond issue will be used to partially repay syndicated bank loans and for growth - related investments . CPH has also applied for the new bond to be traded on the SIX Swiss Exchange.

“This first - ever issue of a CPH Swiss - franc bond is a historic step for us that further e xpands our circle of investors,” says Peter Schildknecht, CEO of the CPH Group. “In future, investors will be able to share in the further development of our industrial group not only as CPH shareholders but through the bond market, too.”

The CPH Group generated net sales of CHF 204.4 million and achieved an EBIT of CHF 6.4 million for the first five months of 2014.

About CPH

CPH is an internationally active and diversified industrial group which is headquartered in Switzerland. The CPH Group develops, manufactures and distributes chemical products, wood - based paper and pharmaceutical packaging films. The Group and its subsidia ries maintain production facilities at five locations in Switzerland, Germany and the USA, have a total workforce of around 850 employees and generated net sales of CHF 481.3 million last year. The shares of its holding company CPH Chemie + Papier Holding AG are listed on the SIX Swiss Exchange (SIX: CPHN).

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.