Siegfried Successfully Issues CHF 200 Million Bonds

Siegfried AG, a prominent Contract Development and Manufacturing Organization (CDMO) serving the pharmaceutical sector, has effectively placed senior bonds worth CHF 200 million. The issued bonds carry a 1.35% coupon and have a four-year tenor, with settlement set for June 15, 2030. This move is anticipated to enhance Siegfried's financial resilience and operational flexibility, supporting its strategic growth initiatives.

The Swiss market saw these bonds placed under the joint lead of UBS and Zürcher Kantonalbank. Siegfried plans to apply for these bonds to be listed on the SIX Swiss Exchange, further broadening their reach within the investor community. According to Reto Suter, CFO of Siegfried, the positive investor response underscores confidence in Siegfried's stable business model and the favorable outlook for the CDMO industry.