Tag Archives: CapLaw-2016-27

Emissions- und Finanz AG (EFIAG) issuance Platform and Inaugural Bond Issued

Emissions- und Finanz AG (EFIAG) is an issuance platform which is owned by 14 Swiss banks and the purpose of which is exclusively to issue bonds and grant loans to the participating banks from the proceeds of the bonds. This enables small and midsized banks to finance themselves indirectly in the capital market by means of this platform.

On 6 May 2016, EFIAG issued its first bond, lead managed by Bank Vontobel AG and Regiobank Solothurn AG. It is a fixed rate bond in an amount of CHF 100 million, paying an annual interest of 0.375%. and with a duration of 5 years.

With its successful inaugural bond issuance, the platform has introduced itself in the market and provides the participating banks with an innovative way to finance themselves in the capital market efficiently and in a tailor-made way to meet their respective financing requirements.