Sika successfully places bond issue
May 07, 2009 (Hugin via COMTEX) --
Company: Sika AG (SKFOF)
Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
Baar (Switzerland) - Sika AG successfully placed today a 5-year bond issue in the Swiss capital market with an amount of CHF 300 million and a coupon of 3.5% per annum. The payment date of the bond is June 4, 2009. The issue was placed under the lead management of UBS. The net proceeds of the transaction will serve the company's long-term, general financing.
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Sika AG Zugerstrasse 50 CH-6341 Baar, Switzerland www.sika.com
Contact: Rainer Weihofen, Corporate Communications & Investor Relations Tel.: +41 58 436 68 00 Fax: +41 58 436 68 50 weihofen.rainer@ch.sika.com
Sika AG - a corporate profile Sika AG, located in Baar, Switzerland, is a globally active company supplying the specialty chemicals markets. It is a leader in processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures in construction (buildings and infrastructure construction) and in industry (vehicle, building component and equipment production). Sika's product lines feature high-quality concrete admixtures, specialty mortars, sealants and adhesives, damping and reinforcing materials, structural strengthening systems, industrial flooring and membranes. Subsidiaries in more than 70 countries worldwide and approximately 12,900 employees link customers directly to Sika and guarantee the success of all of its business relationships. With this business structure Sika generates annual sales of CHF 4.6 billion. Visit our website at www.sika.com.
The media release can be downloaded from the following link:
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Sika AG Zugerstrasse 50 Baar
WKN: 858573; ISIN: CH0000587979; Index: SMCI, SPI, SPIEX, SMIEXP, SMIM; Listed: Main Market in SIX Swiss Exchange;
SOURCE: Sika AG
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Company: Sika AG (SKFOF)
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