SIG Group AG / Keyword(s): Financing
SIG successfully places €650m of ESG-related Schuldschein following strong investor demand
01.07.2022 / 07:00

PRESS RELEASE

July 1, 2022

SIG Group AG (“SIG”)

SIG successfully places €650m of ESG-related Schuldschein following strong investor demand

SIG announces today that it has successfully issued a €650 million Schuldschein loan. The sustainability linked loan is structured in tranches with maturities of three, five and seven years with fixed and variable interest rates at competitive levels. The high level of demand from a wide range of investors led to the increase in the size of the transaction to an initial amount of 300 million euros.

The Schuldschein extends SIG’s debt maturity profile and broadens its funding sources to a new investor base. The weighted average maturity of the investment is approximately five years. The funds are used to repay bridge financing facilities put in place in early 2022 for the acquisitions of Evergreen Asia and Scholle IPN.

SIG’s Schuldschein is the largest investment year to date for a Swiss issuer and over the past two years has been one of the largest in the overall market. Participating investors are banks and long-term investors from Europe and Asia with a strong interest in Swiss institutions.

Frank Herzog, Chief Financial Officer of SIGsaid: “This successful and increased placement of the Schuldschein demonstrates that, even in a challenging macroeconomic and capital market environment, investors value the resilience and cash generation of our business.

Investor contacts:

Ingrid McMahon +41 52 543 1224
Investor Relations Director
SIG Group S.A.
Neuhausen am Rheinfall, Switzerland
[email protected]

Media contact:

Lemongrass Communications
Andreas Hildenbrand +41 44 202 5238
[email protected]

About GIS

SIG is a leading provider of packaging solutions for a more sustainable world. Through our unique portfolio of aseptic carton, bag-in-box and pour-spout pouch, we work in partnership with our customers to bring food and beverage products to consumers around the world in a safe, sustainable and affordable way. Our exceptional technology and innovation capabilities allow us to provide our customers with end-to-end solutions for differentiated products, smarter factories and connected packs, all to meet the ever-changing needs of consumers. Sustainability is an integral part of our business and we go above and beyond to create a net positive food packaging system.

Founded in 1853, SIG is headquartered in Neuhausen, Switzerland. The skills and experience of our approximately 8,000 employees worldwide allow us to respond quickly and efficiently to the needs of our customers in more than 100 countries. In 2021, SIG produced 45 billion packs and generated €2.5 billion in revenue (including unaudited revenue from Scholle IPN). SIG has an AA ESG rating from MSCI, a 13.4 (low risk) rating from Sustainalytics and a Platinum CSR rating from EcoVadis. For more information visit www.sig.biz

For an overview of the trends driving the food industry, visit our SIGnals www.sig.biz/signals/en.

Additional Features:

File: SIG Schuldschein loan

End of press release