Bühler repays first bond tranche of CHF 180 million
Uzwil (Switzerland), December 22, 2022 – The Swiss technology group Bühler announces the repayment of the first tranche of a dual-tranche bond in the amount of CHF 180 million.
Bühler Management AG / Key word(s): Bond Bühler repays first bond tranche of CHF 180 million 22.12.2022 / 09:00 CET/CEST Repayment of bond issued in 2017 Uzwil (Switzerland), December 22, 2022 – The Swiss technology group Bühler announces the repayment of the first tranche of a dual-tranche bond in the amount of CHF 180 million. In 2017, the company raised CHF 420 million through the issue of a dual-tranche Swiss franc denominated senior bond (CHF 180 million Tranche A, CHF 240 million Tranche B) to accelerate its growth plans and expand its investment and acquisition capabilities. It was the first time in its 160-year history that Bühler raised capital on the financial markets. The repayment of the bond is an important milestone and was achieved while the company continued to fully execute its investment strategy, focusing on innovations, research and training centers, and new partnerships. Despite the uncertain and volatile environment faced in prior years, including the challenges posed by the coronavirus pandemic, Bühler was able to further strengthen its financial position and liquidity. Media contacts: Burkhard Böndel, Head of Corporate Communications About Bühler Bühler invests up to 5% of turnover into research and development. In 2021, some 12,500 employees generated a turnover of CHF 2.7 billion. As a Swiss family-owned company, Bühler is active in 140 countries around the world and operates a global network of 103 service stations, 30 manufacturing sites, and Application & Training Centers in 24 countries.
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1519483 22.12.2022 CET/CEST