SIX Swiss Exchange

Logitech Announces Preliminary Third Quarter Fiscal Year 2023 Results

Retrieved on: 
Thursday, January 12, 2023

53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced preliminary unaudited financial results ranges for the third quarter of Fiscal Year 2023 ended on December 31, 2022.

Key Points: 
  • 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced preliminary unaudited financial results ranges for the third quarter of Fiscal Year 2023 ended on December 31, 2022.
  • Preliminary non-GAAP operating income is between $198 million and $203 million, down between 33 and 34 percent, compared to $302 million in the same quarter a year ago.
  • As previously communicated, Logitech expects to announce full financial results for Q3 Fiscal Year 2023 on Monday, January 23, 2023 at 9:00 p.m. Eastern Standard Time and Tuesday, January 24, 2023 at 3:00 a.m. Central European Time.
  • Logitech will hold a financial results videoconference to discuss the results on Tuesday, January 24, 2023 at 8:30 a.m. Eastern Standard Time and 2:30 p.m. Central European Time.

Valour Announces Receipt of Approval in Principle by the Jersey Regulator JFSC and Filing of a new EU Base Prospectus regarding physically asset backed ETPs with the Swedish Regulator SFSA

Retrieved on: 
Thursday, January 12, 2023

Valour Digital Securities Limited, a Jersey-based securities issuance vehicle cooperating with Cayman-based Valour Inc. as arranger, has obtained the approval in principle by the JFSC and has subsequently submitted a new EU base prospectus documentation covering physically backed ETP-Products with the Swedish Regulator SFSA.

Key Points: 
  • Valour Digital Securities Limited, a Jersey-based securities issuance vehicle cooperating with Cayman-based Valour Inc. as arranger, has obtained the approval in principle by the JFSC and has subsequently submitted a new EU base prospectus documentation covering physically backed ETP-Products with the Swedish Regulator SFSA.
  • This expansion of Valour's product line is another significant step forward in the company's mission to make digital assets more accessible and facilitate their integration with traditional assets.
  • Once approved, the new ETP-securities will be available on regular exchanges in Europe such as Deutsche Boerse Xetra, Euronext, SIX Swiss Exchange etc.
  • Our goal is to provide investors with a broader range of investment options and the ability to easily diversify their portfolios.

Baloise starts the year with the successful issuance of a third green bond

Retrieved on: 
Thursday, February 2, 2023

Yesterday, Bâloise Holding Ltd successfully placed a CHF 175 million senior green bond due in January 2032, in alignment with its existing Green Bond Framework.

Key Points: 
  • Yesterday, Bâloise Holding Ltd successfully placed a CHF 175 million senior green bond due in January 2032, in alignment with its existing Green Bond Framework.
  • Yesterday, Baloise successfully issued a 9-year senior green bond with a coupon of 2.20% for a total size of CHF 175 million.
  • Since the inaugural green bond in 2021 , Baloise was able to issue the third bond in that format.
  • The proceeds from the green bond issuance will be used to finance Green Buildings in line with the existing Baloise Green Bond Framework.

Bellevue Asset Management launches debut private equity secondaries fund

Retrieved on: 
Thursday, February 2, 2023

«Our clear and distinct concept for the Bellevue Global Private Equity Fund sets us apart from competitors.

Key Points: 
  • «Our clear and distinct concept for the Bellevue Global Private Equity Fund sets us apart from competitors.
  • Large private equity secondaries players do not even look into transactions in the USD 1 mn to 30 mn range, whereas we believe this particular market segment thrives with alpha-generating opportunities,» says Steven Kroese, in describing the strategy behind the new fund.
  • «Discounts to Net Asset Value are widening and secondary market supply is also growing,» says Lars Honegger with respect to the current situation in the private equity secondary market.
  • Our PE secondaries fund is an ideal component for rounding out an investment portfolio in today’s environment,» adds Chris Davies.

LEM Helps North American E-Mobility Market Expand With UL-Certified DC Meter for Rapid EV Chargers

Retrieved on: 
Tuesday, January 17, 2023

The DCBM 400/600 complies with the standards UL 61010 and UL 810 with its certification in the FTRZ category for EV applications.

Key Points: 
  • The DCBM 400/600 complies with the standards UL 61010 and UL 810 with its certification in the FTRZ category for EV applications.
  • To achieve this, EV users need a 'gas-station'-like experience so vehicle charging times need to be reduced to just a few minutes.
  • However, while this method boosts charging power, the conversion stage generates power losses - costs that are not covered by the EV owner.
  • Through its innovative electrical solutions, LEM is helping customers and society accelerate the transition to a sustainable future.

Citi Appointed as Depositary Bank for the GDR Program of Jiangsu Eastern Shenghong Co., Ltd.

Retrieved on: 
Monday, January 9, 2023

“We are pleased to be the Depositary Bank for Shenghong’s GDR Program listed on the SIX Swiss Exchange -- the ninth issuer listed as part of the China-Swiss Stock Connect GDR Program. This continues our role as the depositary bank for almost all the Connect GDR Programs listed so far, including five listed on the London Stock Exchange and eight listed on the SIX Swiss Exchange” said Dirk Jones, Global Head of Citi’s Issuer Services.

Key Points: 
  • Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Jiangsu Eastern Shenghong Co., Ltd. (“Shenghong”) - to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.
  • This is the ninth China-Swiss Stock Connect Program listed on the SIX Swiss Exchange, and the eighth China-Swiss Stock Connect Program for which Citi’s Issuer Services acts as the Depositary Bank.
  • Shenghong’s GDR Program was established in connection with a US$718.3 million initial public offering of its GDRs, priced at US$18.05 per GDR.
  • “We are pleased to be the Depositary Bank for Shenghong’s GDR Program listed on the SIX Swiss Exchange -- the ninth issuer listed as part of the China-Swiss Stock Connect GDR Program.

Bühler repays first bond tranche of CHF 180 million

Retrieved on: 
Sunday, January 22, 2023

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.

Key Points: 
  • 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.
  • Bühler decided in 2017 to raise capital on the financial markets in the form of a CHF 420 million dual-tranche bond in order to benefit from unique market opportunities.
  • The second tranche of the bond of CHF 240 million is due in December 2026.

Implenia sells formwork business to PERI

Retrieved on: 
Sunday, January 22, 2023

Glattpark (Opfikon), 12 January 2023 – Implenia sells Implenia Schalungsbau GmbH, based in Bobenheim-Roxheim, to PERI Vertrieb Deutschland GmbH & Co. KG, a subsidiary of PERI SE based in Weissenhorn.

Key Points: 
  • Glattpark (Opfikon), 12 January 2023 – Implenia sells Implenia Schalungsbau GmbH, based in Bobenheim-Roxheim, to PERI Vertrieb Deutschland GmbH & Co. KG, a subsidiary of PERI SE based in Weissenhorn.
  • Implenia Schalungsbau GmbH specialises in smart services and complete solutions for formwork.
  • By taking over the company and all 46 employees, PERI is widening its current offering in engineering and special formwork.
  • Implenia is selling its formwork business to this ideal new owner in order to focus more on its defined core portfolio and advance its asset-light strategy.

Sustainability at Implenia reflected in new ESG ratings

Retrieved on: 
Sunday, January 22, 2023

AAA in MSCI ESG ratings confirms Implenia’s position as industry leader on environmental, social and governance matters | Real Estate Products wins Circular Globe Label

Key Points: 
  • AAA in MSCI ESG ratings confirms Implenia’s position as industry leader on environmental, social and governance matters | Real Estate Products wins Circular Globe Label
    Glattpark (Opfikon), 20 December 2022 – MSCI ESG Research has once again awarded Implenia its AAA ESG Rating.
  • MSCI ESG Research provides in-depth research, assessment and analysis relating to the ESG-related activities of thousands of companies around the world.
  • “Winning MSCI’s AAA rating for ESG again is further vindication of all our different sustainability efforts,” says André Wyss, CEO.
  • Find more about MSCI ESG Ratings here: ESG Investing: ESG Ratings - MSCI
    More information about Circular Globe can be found here: https://www.circular-globe.com/en
    THE USE BY IMPLENIA OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF IMPLENIA BY MSCI.

Bellevue expands its Private Markets franchise

Retrieved on: 
Sunday, January 22, 2023

Steven Kroese will serve as Managing Partner and a member of the Bellevue Private Markets Investment Team.

Key Points: 
  • Steven Kroese will serve as Managing Partner and a member of the Bellevue Private Markets Investment Team.
  • Bellevue has also recruited Lars Honegger, who will likewise serve as Managing Partner and a member of the Bellevue Private Markets Investment Team.
  • Chris Davies will serve also as Managing Partner and a member of the Bellevue Private Markets Investment Team.
  • The fourth member of the Secondaries Investment Team is Jan Kollros, Head of Private Markets at Bellevue and CEO of Bellevue's subsidiary adbodmer.