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ZURICH - Swisscom Finance B.V. announced Monday it plans to issue a €500 million fixed-rate bond with a 12-year maturity, guaranteed by parent company Swisscom Ltd.
Deutsche Bank AG, acting as stabilization coordinator, disclosed that the bond's initial price guidance is set at approximately 125 basis points over the mid-swap rate. The stabilization period is expected to begin Monday and continue until December 15, 2025.
The stabilization managers for the offering include BBVA (acting as bookrunner and dealer), Bank of America, Deutsche Bank, and Société Générale. These managers may over-allot securities or conduct transactions to support the market price of the securities during the stabilization period, according to the press release statement.
The bond will be issued with the International Securities Identification Number (ISIN) yet to be confirmed. The offering is directed at qualified investors in European Economic Area member states and the United Kingdom, in accordance with applicable regulations.
The securities have not been registered under the United States Securities Act of 1933 and will not be offered or sold in the United States.
Swisscom is Switzerland's leading telecommunications provider, offering mobile communications, fixed networks, internet and digital TV services to residential and business customers.
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