Tecan issues CHF 250 million inaugural straight bond

Tecan Group Ltd. (SIX Swiss Exchange: TECN) successfully issued CHF 250 million 0.50% bonds due 2025 to partially refinance the acquisition of Paramit Corporation. The bonds will be listed and traded on the SIX Swiss Exchange. The settlement will be on 6 October 2021. Credit Suisse and Zürcher Kantonalbank act as joint lead managers.