August 21, 2024 | News
Burckhardt Compression successfully places bond of CHF 150 million
Today, Burckhardt Compression successfully placed a bond of CHF 150 million on the Swiss capital market. The bond has a term of 4 years, an annual coupon of 1.5606% and matures in September 2028. The proceeds from the transaction will be primarily used to refinance the outstanding CHF 100 million bond and for general corporate purposes.
Zürcher Kantonalbank acted as Lead Manager on the transaction. The bond will be listed on the SIX Swiss Exchange.
Further Information:
Stefan Hoher, Leiter Corporate Communications & Branding
Tel. +41 52 261 52 81; [email protected]
About Burckhardt Compression
Burckhardt Compression creates leading compression solutions for a sustainable energy future and the long-term success of its customers. With its brands Burckhardt Compression, PROGNOST, SAMR Métal Rouge and Shenyang Yuanda Compressor, the Group covers a full range of reciprocating compressor technologies and services. Founded in 1844 as an engineering workshop in Basel, Burckhardt Compression developed its first single-stage and dry-running reciprocating compressor in 1883. Since then, the Group has continually developed and reinvented itself, adapting to the developments of its key markets petrochemical/chemical industry, gas transport and storage, hydrogen mobility and energy, industrial gas, refinery, as well as gas gathering and processing.
With its headquarters in Winterthur, Switzerland, Burckhardt Compression is represented on all continents with 36 subsidiaries, three manufacturing and five assembly sites worldwide.
SIX Swiss Exchange: BCHN
Further information at www.burckhardtcompression.com, LinkedIn
