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PR 23092014 Bond
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Zurich, Switzerland – Cembra Money Bank today successfully issued two fixed rate senior unsecured bonds in the Swiss capital market, a five year bond of CHF 100 million with a coupon of 0.75%, and an eight year bond of CHF 100 million with a coupon of 1.25%.
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The transactions enable Cembra Money Bank to continue its diversification of funding sources and contribute to an extension of its maturity profile.
The payment date of the bonds is 14 October 2014. The bonds were placed under the lead management of Credit Suisse AG and Deutsche Bank AG.
Contacts
Media:
Juerg Staehelin (IRF Communications); +41 (0)43 244 8151; juerg.staehelin@irfcom.ch
Investor Relations:
Christian Waelti; +41 (0)44 439 8572; christian.waelti@cembra.ch
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About Cembra Money Bank AG
Cembra Money Bank is a Bank with a well-established position in Swiss consumer finance. The Bank is regulated by FINMA, holds a banking license and provides a range of financial products and services. The Bank holds leading positions in Switzerland for its Personal Loans and Auto businesses. It has a growing Credit Cards business in commercial partnerships with Swiss retailers and other institutions.
Headquartered in Zurich, the Bank operates exclusively in Switzerland through a nationwide network of 25 branches as well as through alternative distribution and sourcing channels, such as the internet, credit card partners, independent agents and over 3,200 auto dealers.
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