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Kuehne+Nagel successfully issues two bonds for a total of CHF 400 million


Schindellegi, CH – WEBWIRE

CHF 200 million with a fixed coupon of 0.6848% and a tenor of three years six months

CHF 200 million with a fixed coupon of 0.9823% and a tenor of six years six months

In the ordinary course of financing, Kuehne+Nagel International AG today issued two bonds. The proceeds of both bonds will be used for the refinancing of existing indebtedness and general corporate purposes.

The first bond has a fixed coupon of 0.6848% and a tenor of three years six months, maturing on November 13, 2028. The second bond has a fixed coupon of 0.9823% and a tenor of six years six months, maturing on November 13, 2031.

“With these issued bonds, Kuehne+Nagel benefits from attractive interest rates and keeps an optimised financing structure. This also allows Kuehne+Nagel to stay present in the Swiss capital market, which enhances our strategic flexibility,” says Markus Blanka-Graff, CFO of Kuehne+Nagel International AG.

 

Disclaimer
Prospective investors are strongly requested to consult their investment advisors. This press info is not intended to, and does not, constitute, represent or form part of any offer, invitation or solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise. This press info is not for distribution in the United States of America or to U.S. persons. Further restrictions apply, in particular, in the European Economic Area, in the United Kingdom and in Italy. Each investor domiciled in another jurisdiction than Switzerland who takes notice of this press release, must therefore make himself familiar about any restrictions and consequences which might be applicable due to the relevant law of such other jurisdiction.

About Kuehne+Nagel

With more than 82,000 employees at almost 1,300 sites in close to 100 countries, the Kuehne+Nagel Group is one of the world’s leading logistics providers. Headquartered in Switzerland, Kuehne+Nagel is listed in the Swiss blue-chip stock market index, the SMI. The Group is the global number one in air and sea logistics and has strong market positions in road and contract logistics. Kuehne+Nagel is the logistics partner of choice for 400,000 customers worldwide. Using its global network, logistics expertise and data-based insights, the Group provides end-to-end supply chain solutions for global companies and industries.


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