Mobimo Holding AG issues for the first time a green bond of CHF 100 million
April 26, 2023 at 09:19 pm IST
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Mobimo Holding AG
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Mobimo Holding AG issues for the first time a green bond of CHF 100 million
26.04.2023 / 17:45 CET/CEST
NOT FOR DISTRIBUTION IN THE UNITED STATES, THE EUROPEAN ECONOMIC AREA AND THE UNITED KINGDOM
Press release
Mobimo Holding AG issues for the first time a green bond of CHF 100 million
Lucerne, 26 April 2023 – Mobimo Holding AG today successfully issued a fixed-rate Green Bond for CHF 100 million. The payment date is on 25 May 2023. The 6-year bond has a coupon of 2.625%. It will be used to finance sustainable projects in accordance with Mobimo's Green Bond Framework. Zürcher Kantonalbank and Credit Suisse AG acted as joint lead managers of the transaction, Basellandschaftliche Kantonalbank and Luzerner Kantonalbank AG as co-managers. A listing of the bond on SIX Swiss Exchange has been applied.
If you have any questions, please contact:
Contact for analysts and investors:
Jörg Brunner, CFO joerg.brunner@mobimo.ch
+41 44 397 11 47
Contact for media:
Anthony Welbergen, Head of Corporate Communications medien@mobimo.ch
+41 44 397 11 86
www.mobimo.ch
About Mobimo:
With a broadly diversified real estate portfolio that has a total value of approximately CHF 3.7 billion, Mobimo Holding AG is one of the leading real estate companies in Switzerland. Its portfolio comprises residential and commercial properties, along with development properties both for the company’s own portfolio and for third parties. The properties are in first-class locations in German-speaking and French-speaking Switzerland. The buildings are characterised by balanced diversification and diligent management. Mobimo uses its development projects to strengthen its income base and boost the intrinsic value of its portfolio. The company also creates investment opportunities for third parties through its development services. Mobimo has around 170 employees.
Disclaimer:
This media release and the information contained herein may not be published, distributed or transmitted to the United States (USA) or given or transmitted to US persons (including legal entities) or to media with a general circulation in the USA. Any violation of these restrictions may constitute a violation of U.S. securities laws. This bond will not be publicly offered for sale outside Switzerland. This media release does not constitute an offer to buy or subscribe for securities; it is neither a prospectus within the meaning of Article 35 FinSA nor within the meaning of the SIX Swiss Exchange Listing Rules.
Mobimo Holding AG is a Swiss holding company engaged in the real estate sector. The Company diversifies its activities into two business divisions: Portfolio Management and Development. The Portfolio Management business division focuses on the long-term holding and managing of commercial and residential properties. The division also is engaged in the buying and selling of investment properties. The Development division is responsible for purchasing land as well as for the construction and sale of residential property. It also holds land, properties under construction and completed properties which are to be included in the investment property portfolio. The Company is active exclusively in Switzerland. The Company's acquisitions and investments are targeted mainly in the business centers of Zuerich, Lausanne/Geneva, Basel, Lucerne/Zug, Aarau and St. Gall. It also operates a number of Switzerland-based subsidiaries.