Tag Archives: CapLaw-2021-51

Kantonsspital St. Gallen to issue CHF 275 million total nominal amount of bonds

On 17 August 2021, Kantonsspital St. Gallen, a public-law institution, successfully launched and priced its issuance of CHF 275 million in aggregate principal amount of CHF 150 million 0.30% bonds 2021-2036 and CHF 125 million 0.05% bonds 2021-2031. The bonds are expected to be provisionally admitted to trading on 29 September 2021, and application will be made for definitive admission to trading and listing of the bonds, on the SIX Swiss Exchange. Closing is expected on 30 September 2021. Zürcher Kantonalbank acted as lead manager and Raiffeisen Schweiz Genossenschaft as well as St.Galler Kantonalbank AG as co-managers. Avobis Advisory AG acted as Structuring Agent and Capital Market Adviser for the Kantonsspital St. Gallen.