13.05.2024 07:01:08 - dpa-AFX: EQS-News: SIG successfully places EUR450 million Schuldschein following strong demand from investors (english)

SIG successfully places EUR450 million Schuldschein following strong demand
from investors

SIG Group AG / Key word(s): Issue of Debt/Issue of Debt
SIG successfully places EUR450 million Schuldschein following strong demand
from investors

13.05.2024 / 07:00 CET/CEST

---------------------------------------------------------------------------

MEDIA RELEASE
13 May 2024

SIG successfully places EUR450 million Schuldschein following strong demand
from investors

SIG today announces it has successfully completed a EUR450 million
Schuldschein placement. The notes are structured in tranches with maturities
of four, five and seven years with both fixed and variable interest rates at
competitive levels. The high level of demand from a wide range of investors
resulted in the transaction being upsized from a launch amount of EUR200
million.

The new Schuldschein allows SIG to extend its debt maturity profile, whilst
continuing to broaden its investor base, following the EUR650m Schuldschein
that it issued in 2022. The weighted average maturity of the placement is
approximately five years. The funds are part of a program to refinance
existing debt facilities well ahead of their scheduled maturities dates.

SIG's Schuldschein is the largest placement for a Swiss issuer this year and
one of the largest in 2024. The participating investors comprise banks and
long-term investors in Europe and Asia, including a strong interest from
Swiss institutions.

Anne Erkens, Chief Financial Officer of SIG, said: "This successful placing
of the Schuldschein in a substantial volume again demonstrates investors'
confidence in the strength of SIG's business model, reflected in the high
demand for the notes and competitive pricing achieved by the new issue."

Investor contact:

Ingrid McMahon
Director Investor Relations
Tel: +41 52 543 1224
Email: Ingrid.mcmahon@sig.biz

Media contact:

Andreas Hildenbrand
Lemongrass Communications
Tel: +41 44 202 5238
Email: andreas.hildenbrand@lemongrass.agency

About SIG

SIG is a leading solutions provider of packaging for better - better for our
customers, for consumers, and for the world. With our unique portfolio of
aseptic carton, bag-in-box, and spouted pouch, we work in partnership with
our customers to bring food and beverage products to consumers around the
world in a safe, sustainable, and affordable way. Our technology and
outstanding innovation capabilities enable us to provide our customers with
end-to-end solutions for differentiated products, smarter factories, and
connected packs, all to address the ever-changing needs of consumers.
Sustainability is integral to our business, and we strive to create a net
positive food packaging system.

Founded in 1853, SIG is headquartered in Neuhausen, Switzerland, and listed
at the SIX Swiss Exchange. The skills and experience of our approximately
9,000 employees worldwide enable us to respond quickly and effectively to
the needs of our customers in over 100 countries. In 2023, SIG produced 53
billion packs and generated EUR3.2 billion in revenue. SIG also has an AA ESG
rating by MSCI, a 13.9 (low risk) score by Sustainalytics, Platinum CSR
rating by EcoVadis, and is included in the FTSE4Good Index. For more
information, visit our website.

For insights into trends that drive the food and beverage industry, visit
the SIG blog.

Disclaimer

This communication expressly or implicitly contains certain forward-looking
statements, such as "believe", "assume", "expect", "forecast", "project",
"may", "could", "might", "will" or similar expressions concerning SIG Group
AG and its business. Such statements involve certain known and unknown
risks, uncertainties and other factors, which could cause the actual
results, financial condition, performance or achievements of SIG Group AG to
be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. SIG Group AG is
providing this communication as of this date and does not undertake to
update any forward-looking statements contained herein as a result of new
information, future events or otherwise.


---------------------------------------------------------------------------

Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=07e21de44c812694947c880571fb81dc
File description: SIG_Schuldschein_240513

---------------------------------------------------------------------------

End of Media Release

---------------------------------------------------------------------------

   Language:       English
   Company:        SIG Group AG
                   Laufengasse 18
                   8212 Neuhausen am Rheinfall
                   Switzerland
   Phone:          +41 52 674 61 11
   Fax:            +41 52 674 65 56
   E-mail:         info@sig.biz
   Internet:       www.sig.biz
   ISIN:           CH0435377954
   Listed:         SIX Swiss Exchange
   EQS News ID:    1900823




End of News EQS News Service
---------------------------------------------------------------------------

1900823 13.05.2024 CET/CEST

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH