OC Oerlikon Corporation AG, Pfäffikon (“Oerlikon”) has announced the successful placement of CHF 350 million in dual-tranche senior unsecured bonds. The issuance includes CHF 150 million maturing in September 2027 and CHF 200 million maturing in September 2030. Proceeds will be allocated for general corporate purposes, including debt repayment.
The bonds attracted strong investor interest, with coupons fixed at 1.375% annually for the 2027 tranche and 2.000% annually for the 2030 tranche. Payments will be made yearly on September 3, with the first due on September 3, 2026.
Oerlikon will apply for listing and trading of the bonds on the SIX Swiss Exchange, with provisional trading anticipated around September 1, 2025, and settlement scheduled for September 3, 2025. The offering was managed by Commerzbank, Bank J. Safra Sarasin, UBS Investment Bank, and Zürcher Kantonalbank as Joint Lead Managers and Bookrunners, while DBS Bank Ltd acted as Co-Manager.