Baloise successfully issues a CHF senior bond

Media releases

Basel, May 14, 2024. Today, Baloise Holding Ltd successfully placed a CHF 150 million senior bond with maturity in June 2034.

Today, Baloise successfully issued a 10-year senior bond with a coupon of 1.75% for a total size of CHF 150 million. The bond was issued by Baloise Holding Ltd, which is rated “A-“ with a stable outlook by Standard & Poor's. Like all outstanding senior bonds of Baloise Holding Ltd, the bond itself carries no instrument rating.

The proceeds from the issuance of the bond will be used for general corporate purposes.

The bond will be listed on the SIX Swiss Exchange and will settle on June 7, 2024.

UBS and Deutsche Bank acted as Joint Lead Managers, Bank J. Safra Sarasin as Co-Manager.

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About Baloise

The focus is firmly on the future at Baloise. We aim to make tomorrow more straightforward, safer and more carefree for our customers, and we are taking responsibility for this today. Baloise is more than just a traditional insurance company. Through our smart finance and insurance solutions, we offer a complete service package. Dependable support, reliable cooperation and trust-based relationships are key aspects of our stakeholder interaction. We take care of financial matters so that our customers can concentrate on the important things in their lives and can find inspiration in the everyday. Baloise, a European company founded more than 160 years ago, currently employs 8,000 people at its headquarters in Basel (Switzerland) and across its subsidiaries in Belgium, Germany and Luxembourg. Our services generated a business volume of around CHF 8.6 billion in 2023. Baloise Holding Ltd shares (BALN) are listed on the SIX Swiss Exchange.