SFS places bonds in connection with the acquisition of Hoffmann SE
May 18, 2022 at 05:16 pm
Share
SFS Group Schweiz AG
/ Key word(s): Bond
SFS places bonds in connection with the acquisition of Hoffmann SE
18.05.2022 / 18:13
On May 18, 2022 the SFS Group successfully placed two fixed-rate bonds. These have maturities of three years (CHF 250 million) and five years (CHF 150 million). The proceeds from this transaction will be used to refinance the Hoffmann acquisition. SFS has been given a good ?BBB+? rating by Zürcher Kantonalbank and Credit Suisse.
Further information is to be found in the enclosed media release and on www.sfs.com.
Mit freundlichen Grüssen/Best regards
Benjamin Sieber
Valentina Dönz
Corporate Communications
SFS Group AG
Rosenbergsaustrasse 8, CH-9435 Heerbrugg
T +41 71 727 62 48 M +41 79 666 44 82 corporate.communications@sfs.com www.sfs.com
SFS Group AG, formerly SFS Holding AG, is a Switzerland-based company that develops and manufactures mechanical fastening systems and precision formed components. The Company serves the automotive, construction, construction supply, electrical, electronics, aerospace and medical components industries. It consists of three operating segments which represent the three business models: Engineered Components, which are customer-specific products under the SFS intec and Unisteel brands; Fastening Systems, which are application-specific products under the SFS intec and GESIPA brand, and Distribution and Logistics, which are market-oriented product ranges and logistics solutions under the SFS unimarket brand throughout Switzerland. Its subsidiaries include, among others, Ncase Limited, a supplier of subframes for rainscreen cladding, as well as developer and manufacturer of disposable products made of metal and plastic for medical device original equipment manufacturers (OEMs).