Groupe Acrotec SA issues CHF 75m 3.500% bonds

Groupe Acrotec SA, a high precision manufacturer of small components and a specialised service provider for the Watch & Jewellery, MedTech and Precision High Tech sectors, has completed the placement of CHF 75,000,000 3.500% guaranteed bonds due 2025. The bonds were issued at 100% of their principal amount and, unless previously redeemed or repurchased and cancelled, will mature on 16 October 2025 at par. The bonds are guaranteed by two subsidiaries of the Issuer, namely Acrotec SA and Finacrotec SA. Credit Suisse AG acted as Lead Manager and Bookrunner.

Niederer Kraft Frey acted as counsel to Groupe Acrotec SA. The NKF team was led by partner Till Spillmann, working with tax partner Markus Kronauer, senior associate Andrea Giger and associate Ivo von Büren (both Capital Markets).