Helvetia Successfully Places CHF 230 Million Senior Bond

Helvetia Holding AG has successfully placed a CHF 230 million senior unsecured bond on the Swiss capital market. The bond, which matures in 2034, carries an annual coupon rate of 1.95%. The funds raised through this issuance will be used for general corporate purposes, including potential future refinancing of existing instruments.

BNP Paribas, UBS, and ZKB acted as joint lead managers for the transaction, with Nordea serving as co-manager. The bond is guaranteed by Helvetia Holding AG, with Helvetia Swiss Insurance Company Ltd in St. Gallen being the primary issuer.

This strategic financial move aims to strengthen Helvetia's liquidity and support its ongoing corporate activities. The successful placement underscores investor confidence in Helvetia's financial stability and future growth prospects.