Key highlights
- Air Liquide issued a CHF 640 million bond under its EMTN program.
- The bond is split into 5, 8, and 12-year tranches.
- The weighted average interest rate is below 1% per annum.
- The bond will be listed on the SIX Swiss Exchange.
Bond Issuance Details
Air Liquide has issued a CHF 640 million bond under its Euro Medium Term Note (EMTN) program. The issuance is divided into three tranches with maturities of 5, 8, and 12 years. The weighted average interest rate for these tranches is below 1% per annum.
Use of Proceeds
The net proceeds from this bond issuance will be utilized for general corporate purposes by Air Liquide.
Bond Ratings
The bond issue has received ratings of "A" from Standard & Poor’s and Scope Ratings, and "A2" from Moody’s.
Listing Information
An application will be submitted for the bonds to be listed on the SIX Swiss Exchange.
