Today, Baloise successfully issued a 10-year senior bond with a coupon of 1.315% for a total size of CHF 200 million. The bond was issued by Baloise Holding Ltd, which is rated “A-“ with a stable outlook by S&P. 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 16 July 2025.
UBS and Zürcher Kantonalbank acted as Joint Lead Managers, Commerzbank as Co-Manager.