on Swiss Merchant Group AG (isin : CH0323874260)
Swiss Merchant Group Launches New 8% Coupon Swiss Franc Bond
Swiss Merchant Group AG (SMG), based in Kastanienbaum, Switzerland, has announced its second issuance of a Swiss Franc bond, set to release on December 1, 2024. The bond carries a 5-year term with an 8% coupon interest rate. Following the successful acceptance of the 2023 bond, SMG aims to raise up to CHF 8 million with this new offering.
The bond, identified by ISIN: CH1393678722, is available for subscription by qualified investors through FIDLEG advisors or Private Banks, exempt from a FIDLEG prospectus. SMG Chairman, Axel Krüger, highlighted the opportunity for investors to engage in a bank-independent investment with attractive returns. The bond is securitized in a global certificate format, making it accessible to a selective audience.
R. P.
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