EFG Bank AG successfully closes the issuance of new CHF 130m senior unsecured bonds 2026 – 2032 and the first reopening for CHF 140m under the existing 2025 – 2029 bonds

Niederer Kraft Frey has advised Swiss global private banking group EFG International with respect to EFG Bank’s offering and issuance of new CHF 130 million senior unsecured bonds 2026 – 2032 and the concurrent first reopening for CHF 140 million under the existing CHF 125 million senior unsecured bonds 2025 – 2029.

EFG Bank successfully closed the issuance of new CHF 130 million domestic senior unsecured bonds with a 6-year maturity and a fixed annual coupon of 1.2350 percent with Swiss investors. Concurrently, EFG Bank completed the first reopening under the existing CHF 125 million 0.9625 percent senior unsecured bonds 2025 – 2029 by issuing CHF 140 million additional domestic senior unsecured bonds, bringing the total outstanding amount of that 2025 – 2029 issuance to CHF 265 million. The bonds are listed on SIX Swiss Exchange and are expected to be included in the domestic segment of the Swiss Bond Index (SBI). The transaction follows EFG Bank’s successful inaugural placement and issuance in June 2024 of CHF 370 million dual-tranche senior unsecured bonds comprising of CHF 230 million with a 3-year maturity and CHF 140 million with a 6-year maturity, the placement and issuance in March 2025 of CHF 340 million dual-tranche senior unsecured bonds comprising of CHF 175 million with a 3-year maturity and CHF 165 million with a 6-year maturity, and the issuance in June 2025 of CHF 125 million senior unsecured bonds with a 4-year maturity and a fixed annual coupon of 0.9625.

Deutsche Bank AG London Branch, acting through Deutsche Bank AG Zurich Branch and Zürcher Kantonalbank acted as Joint Lead Managers

The NKF team was led by Capital Markets partner Daniel Bono and included partner Philippe Weber, senior associate Giulia Ghezzi and associate Manuel Hirlinger (all Capital Markets).