Bond

On April 24, 2017, Swiss Steel Group issued a EUR 200 million corporate bond with a final maturity date of July 15, 2022. The Senior Secured Notes were issued by our subsidiary SCHMOLZ + BICKENBACH Luxembourg Finance S.A. at 100% of the nominal value and with a coupon of 5.625% p.a. The senior secured notes were listed on the Luxembourg Stock Exchange and traded on the Euro MTF market.

On June 25, 2018 Swiss Steel Group increased this bond by EUR 150 million to EUR 350 million.

On March 31, 2020, validly tendered bonds in the amount of EUR 328.753 million were repaid. The repayment was triggered by the change of control in connection with the capital increase on January 8, 2020.

On November 23, 2020 the remaining EUR 21.247 million were repaid by making use of the early redemption option at the discretion of the Issuer.

 

IR-Contact:

Burkhard Wagner
Vice President Corporate Finance & Investor Relations
Phone: +41 (0) 41 581 4180
ir(at)swisssteelgroup.com

Disclosure of shareholdings:

Offenlegung(at)swisssteelgroup.com