Baloise successfully places two senior bond issues

Basel, June 30, 2020. Baloise Group successfully placed two senior bond issues for an amount of 300 Million CHF. The two tranches had final maturities in December 2026 and December 2030 and a coupon of 0.250% and 0.500% respectively.

Baloise Group successfully launched two bond issues for a total amount of 300 Million CHF: The maturities are six and a half and ten and a half years, with respective volumes of CHF 175 Million and CHF 125 Million.

Both bonds were issued by Bâloise Holding AG, which is rated A- rating from Standard & Poor's with a stable outlook. Similar to all outstanding senior bonds of Bâloise Holding AG, the bonds themselves have no rating.

The proceeds will be used for general corporate purposes, in particular the refinancing of the bond issue maturing in October 2020.

Both bond issues will be listed at the Swiss Exchange SIX. Credit Suisse and UBS acted as Joint Lead Managers, BNP Paribas as Co-Manager on the offering. Both bonds will settle on 16th July 2020.

Press contact

Portrait Roberto Brunazzi

Roberto Brunazzi

Head of Media Relations

Phone

+41 58 285 82 14

Email

media.relations@baloise.com

The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of society in the digital age lie at the heart of its business activities. The 7,700 or so employees of Baloise therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products and services, makes Baloise the first choice for people who want to feel ‘simply safe’. Located at the heart of Europe, with its head office in Basel, the Baloise Group is a provider of prevention, pension, assistance and insurance solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, with Baloise Bank SoBa, the Group also operates as a specialised financial services provider, offering a combination of insurance and banking services. The Group offers innovative pension products to retail customers throughout Europe from its competence centre in Luxembourg. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange.

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