Intershop Holding AG Issues CHF 100 Million Bond

Intershop Holding AG has successfully issued a fixed-rate bond amounting to CHF 100 million. The bond, featuring a 1.21% coupon rate and a three-year term, will support general corporate purposes and refinance existing mortgage loans. The issuance was coordinated with the joint efforts of UBS AG, Zürcher Kantonalbank, and Raiffeisen Schweiz Genossenschaft.

The company plans to list the bond on the SIX Swiss Exchange. Intershop, known for investing in commercial properties across Switzerland, maintains a robust portfolio valued at approximately 1.4 billion Swiss francs as of mid-2024. Their investment focus remains on regions like Zurich, Lake Geneva, and major transportation corridors.