on Swiss Merchant Group AG (isin : CH0323874260)
Swiss Merchant Group AG Arranges Corporate Bond for blue8X AG
Swiss Merchant Group AG (SMG), a Swiss investor focusing on sustainable investments, announced it has co-arranged the corporate bond ISIN: CH1360966472 for blue8X AG, based in Zurich. The bond aims to raise up to CHF 8 million, with a maturity of five years and an 8% annual coupon, targeting qualified and semi-institutional investors.
blue8X AG is a private investment company that supports decarbonization efforts in Switzerland. The proceeds from the bond will finance the acquisition of solar, roof, and facade installation companies. Sandro De Luca, CEO of blue8X AG, expressed excitement about entering the Swiss capital market to grow their portfolio.
Cristian Mantzke, CIO of SMG, highlighted the partnership as a testament to SMG's quality and ongoing success in supporting Swiss companies and issuing Swiss mini bonds.
R. E.
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