Alle Storys
Folgen
Keine Story von HOCHDORF Holding AG mehr verpassen.

HOCHDORF Holding AG

EQS-Adhoc: HOCHDORF Holding Ltd: HOCHDORF successfully places public hybrid bond


EQS Group-Ad-hoc: HOCHDORF Holding AG / Key word(s): Bond
HOCHDORF Holding Ltd: HOCHDORF successfully places public hybrid bond

21-Nov-2017 / 17:40 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

--------------------------------------------------------------------------------
Media ReleaseHochdorf, 21 November 2017

HOCHDORF successfully places public hybrid bond

(SIX/HOCN) HOCHDORF Holding Ltd today successfully placed a subordinated public
hybrid bond in the amount of CHF 125 million. The proceeds are used to finance
the remaining cash consideration due in connection with the 51% acquisition of
the Pharmalys Group (see Media Release dated 25 October 2016), for the partial
repayment of existing bank debt and general corporate purposes, including
potential future acquisitions. The hybrid bond offers investors an initial
coupon of 2.50% p.a. and will be listed on the SIX Swiss Exchange. The
instrument is perpetual in nature with an initial option to redeem (call date)
after 5.5 years.

The successful placement of the public hybrid bond is an important further
milestone in the financing of the Pharmalys Laboratories SA acquisition.

"The broad demand for the hybrid bond is a testimony of investors' interest in
HOCHDORF. Now that the financing of the acquisition is completed, we shift our
focus to the various opportunities arising from this forward integration", says
Dr Thomas Eisenring, HOCHDORF Group CEO.

The hybrid bond was primarily placed amongst Swiss investors under the lead of
UBS Investment Bank and Luzerner Kantonalbank.


Contact: Dr Christoph Hug, Head of Corporate Communications HOCHDORF Group,
Tel: +41 (0)41 914 65 62 / +41 (0)79 859 19 23,christoph.hug@hochdorf.com.

 

 

Disclaimer

This document does not constitute an offer to buy or to subscribe for bonds or
other securities of HOCHDORF Holding AG nor a prospectus within the meaning of
Articles 652a or 1156 of the Swiss Code of Obligations or a listing prospectus
within the meaning of the Listing Rules of SIX Swiss Exchange.

This document is not for distribution, directly or indirectly, in or into the
United States (including its territories and dependencies, any state of the
United States and the District of Columbia), Canada, Japan, Australia or any
other jurisdiction into which the same would be unlawful. The information
contained herein shall not constitute an offer to sell or the solicitation of an
offer to buy bonds or securities of HOCHDORF Holding AG, in any jurisdiction in
which such offer or solicitation would be unlawful prior to registration,
exemption from registration or qualification under the securities laws of any
jurisdiction.

The bonds have not been and will not be registered under the US securities Act
of 1933, as amended (the "Securities Act") or under any securities laws of any
state or other jurisdiction of the United States and may not be offered, sold,
taken up, exercised, resold, renounced, transferred or delivered, directly or
indirectly, within the United States except pursuant to an applicable exemption
from, or in a transaction not subject to, the registration requirements of the
Securities Act and in compliance with any applicable securities laws of any
state or other jurisdiction of the United States. The bonds have not been
approved or disapproved by the US Securities and Exchange Commission, any
state's securities commission in the United States or any US regulatory
authority, nor have any of the foregoing authorities passed upon or endorsed the
merits of the offering of the securities or the accuracy or adequacy of this
announcement. Any representation to the contrary is a criminal offence in the
United States.

The information contained herein does not constitute an offer of securities to
the public in the United Kingdom. No prospectus to the public on the securities
will be published in the United Kingdom. This document is only being distributed
to and is only directed at (i) persons who are outside the United Kingdom or
(ii) to investment professionals falling within article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or
(iii) high net worth entities, and other persons to whom it may lawfully be
communicated, falling within article 49(2)(a) to (d) of the Order (all such
persons together being referred to as "relevant persons"). The securities are
only available to, and any invitation, offer or agreement to subscribe, purchase
or otherwise acquire such securities will be engaged in only with, relevant
persons. Any person who is not a relevant person should not act or rely on this
document or any of its contents.

Any offer of securities to the public that may be deemed to be made pursuant to
this communication in any EEA Member State that has implemented Directive
2003/71/EC (together with any applicable implementing measures in any Member
State, the "Prospectus Directive") is only addressed to qualified investors in
that Member State within the meaning of the Prospectus Directive.

 

Additional features:


Document:http://n.eqs.com/c/fncls.ssp?u=RXYVOQURNK
Document title: MR HOCHDORF Group: hybrid bond
--------------------------------------------------------------------------------
End of ad hoc announcement------------------------------------------------------
--------------------------Information and Explanation of the Issuer to this
News:


About the HOCHDORF Group
The HOCHDROF Group, based in Hochdorf, achieved a consolidated gross sales
revenue of CHF 551.5 million in 2016. It is one of the leading foodstuff
companies in Switzerland, employing 630 staff as of 31.12.2016. Made from
natural ingredients such as milk, wheat germ and oil seeds, HOCHDORF products
have been contributing to our health and wellbeing since 1895 - from babies to
senior citizens. Its customers include the food industry and the wholesale and
retail sectors. Its products are sold in over 90 countries. Additional
information: www.hochdorf.com.

--------------------------------------------------------------------------------

Language: English

Company:  HOCHDORF Holding AG

          Siedereistrasse 9

          6281 Hochdorf

          Switzerland

Phone:    +41 41 914 65 65

Fax:      +41 41 914 66 66

E-mail:    hochdorf@hochdorf.com

Internet: www.hochdorf.com

ISIN:     CH0024666528

Listed:   SIX Swiss Exchange



 

End of Announcement EQS Group News Service

--------------------------------------------------------------------------------

631437  21-Nov-2017 CET/CEST

Weitere Storys: HOCHDORF Holding AG
Weitere Storys: HOCHDORF Holding AG
  • 01.11.2017 – 07:04

    EQS-Adhoc: HOCHDORF Group Press Release: Takeover of Zifru and Snapz

    EQS Group-Ad-hoc: HOCHDORF Holding AG / Key word(s): Takeover HOCHDORF Group Press Release: Takeover of Zifru and Snapz 01-Nov-2017 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR The issuer is solely responsible for the content of this announcement. 618731  01-Nov-2017 CET/CEST ...