Swiss Merchant Group AG
Swiss Merchant Group AG: Bond Reimbursement CH0323874260 and Bond New Issue ISN DE000A28X299 (news with additional features)
DGAP-News: Swiss Merchant Group AG
/ Key word(s): Issue of Debt/Bond
ISIN CH0323874260 Corporate News Ad-Hoc Swiss Merchant Group AG, ISIN CH0323874260 announces the purchase and repayment on 31nd May 2020 of all bonds of the issue in principal plus interest due Issued in 2015, the bond had a maturity of 4 years and a size set to 100 million Swiss Francs. Swiss Merchant Group also announces the issue of new bond targeting a volume of EUR 125 million. The bond will be issued within the next weeks as an EEA private placement for the European market with the German ISIN DE000A28X299 / WKN A28X29. Coupon, maturity and other details will be given at a later date. Under EEA rules qualified investors can register on Swiss Merchant Group AG’s homepage. Located in Zug, Switzerland, Swiss Merchant Group AG is specialized in value based investments. The company is focused on managing and growing a European bond and equity portfolio covering a broad range of sectors and risk categories, including asset backed securities, promissory note loans, senior and subordinated secured and unsecured corporates, sovereigns and financials. In addition, Swiss Merchant Group AG has a specialized team managing a portfolio of real estate bonds and equities. From 31st March 2019 to 31st March 2020 Swiss Merchant Group AG showed a return on equity of 368%. Trading volume on securities amounted to EURO 1,053,626,241 over the same period with a credit/bond subscription volume of EURO 3,065,000,000. The company has established trading lines with over 125 banks and financial institutions with careful consideration to counterparty risk. Swiss Merchant Group AG’s proprietary investments have generated a permanent added value and a sustainable positive cash flow. Cristian Mantzke, investment manager of Swiss Merchant Group AG commented: “We are delighted to report our successful implementation of our investment strategy in the past 4 years. With low risk asset based investments generating high returns we will continue our sustainable strategy and expand our successful track record. Our proactive approach will continue in the coming years to further expand our activities and results for our equity and bond holders. Swiss Merchant Group AG is a private Swiss holding company focused on real estate, real estate equities, bonds and other corporate investments. Swiss Merchant Group AG info@swissmerchantgroup.com Disclaimer Safe Harbor Statement No action has been taken that would permit an offering of the securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions. If any statements in this document contain forward-looking statements, such statements do not represent facts and are characterized by the words ‘will’, ‘expect’, ‘believe’, ‘estimate’, ‘intend’, ‘aim’, ‘assume’ or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of Swiss Merchant Group AG and the persons acting together with Swiss Merchant Group AG. Such forward-looking statements are based on current plans, estimates and forecasts which Swiss Merchant Group AG and the persons acting together with Swiss Merchant Group AG have made to the best of their knowledge, but which do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by Swiss Merchant Group AG or the persons acting together with Swiss Merchant Group AG. It should be kept in mind that the actual events or consequences may differ materially from those contained in or expressed by such forward-looking statements. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The information in this announcement is subject to change. End of ad hoc announcement Additional features: File: Swiss Merchant Group – Corp News English
08.06.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Swiss Merchant Group AG |
Bahnhofplatz | |
6300 Zug | |
Switzerland | |
Phone: | +41 41 511 37 00 |
E-mail: | info@swissmerchantgroup.com |
Internet: | www.swissmerchantgroup.com |
ISIN: | CH0323874260, DE000A28X299 |
WKN: | A1817G, A28X29 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt |
EQS News ID: | 1056489 |
End of News | DGAP News Service |