Bühler expands investment and acquisition capabilities by successfully issuing dual tranche CHF 420 million bond

A few strategic decisions have triggered Bühler’s step to access the debt capital market. First, the announced acquisition of the Haas Group, a world market leader in wafer, biscuits and confectionary production systems. “Access to the additional capital allows us to realize the Haas acquisition, while at the same time continuing with our investments for the modernization of the production and logistics facilities and the innovation campus in Uzwil. Sustainable investments in research, development and building a strong digital business model are key in Bühler's tradition as a global technology leader”, says Stefan Scheiber. What’s more, the company wants to be in a financial position that allows for further potential investments. “To maintain long-term full financial flexibility, we have decided to benefit from the current favorable market conditions”, says CFO Andreas Herzog, and adds: “The new liabilities do not change the solid financial position of Bühler”.

The bond issue consists of the following two tranches:

Payment date of both bond tranches is December 21, 2017. The bonds will be listed on the SIX Swiss Exchange. The bond issue was managed by UBS and significantly oversubscribed.