DocMorris to Issue CHF 45 Million Convertible Bonds for 2026 Bonds Buyback

DocMorris AG announces the issuance of CHF 45 million in convertible bonds due in 2028. This move aims to finance the early repurchase of existing bonds set to mature in 2026. The new bonds, secured by DocMorris, offer conversion into company shares. The effort forms part of DocMorris's ongoing strategy to streamline its financial structure and enhance cost-efficiency for sustained growth.

The 2028 bonds will carry an expected coupon rate between 2.50% and 3.00% annually and will mature in August 2028. A tender offer is set for eligible holders of the 2026 bonds, with purchases expected at CHF 1,035 per bond. These financial maneuvers proceed independently from the new bond issuance. Allocations remain at the issuer’s discretion, with the final outcomes announced post-tender period.