SIX Announces Successful CHF 250 Million Digital Bond Issuance to Fund Strategic Initiatives and Strengthen Financial Position

SIX Announces Successful CHF 250 Million Digital Bond Issuance to Fund Strategic Initiatives and Strengthen Financial Position

(IN BRIEF) SIX has successfully issued a CHF 250 million digital bond with a 1.00% coupon and maturity in 2032, demonstrating strong investor demand. The bond’s proceeds will help strengthen SIX’s financial flexibility, support its growth strategy, and potentially fund the acquisition of Aquis Exchange Plc. The issuance received high investor interest and will be listed on the SIX Swiss Exchange, reinforcing SIX’s reputation as a stable and trusted partner in financial markets.

(PRESS RELEASE) ZURICH, 15-May-2024 — /EuropaWire/ — SIX, a prominent operator of Swiss and Spanish financial market infrastructures, has successfully issued a CHF 250 million digital bond, reaffirming its position as a trusted leader in financial markets. With a 1.00% per annum coupon and a maturity in 2032, the bond attracted significant interest from investors and will be listed on the SIX Swiss Exchange.

The bond issuance marks SIX’s return to the CHF bond market, following its last issuance in 2021. The net proceeds from this issuance will be directed toward general corporate purposes, including the refinancing of existing debt and the potential acquisition of Aquis Exchange Plc, as previously announced by the company on 11 November 2024.

Daniel Schmucki, CFO of SIX, expressed his satisfaction with the strong demand, stating, “We are pleased with the overwhelming response to our bond issuance, which highlights the trust investors place in our growth strategy. This successful issuance strengthens our financial flexibility and enables us to continue delivering innovative solutions that create value for our stakeholders.”

In addition to the strong investor interest, SIX’s solid credit standing has been reaffirmed. Standard & Poor’s Global Ratings has maintained its issuer credit ratings of SIX Group AG (A) and its subsidiaries SIX x-clear AG and SIX SIS AG (A+), with the bond expected to receive an A rating.

The bond issuance was led by Raiffeisen Schweiz Genossenschaft, UBS AG, and Zürcher Kantonalbank, who served as joint lead managers.

For more information, visit the SIX Investor Relations Webpage.

Media contact:

Julian Chan
+41 58 399 2508

SOURCE: SIX Group AG