Würth Group Raises CHF 300M Bond in Swiss Market
By Varun Mittal
Würth Group successfully issued a CHF 300 million bond with a 1.10% coupon, rated A by S&P. This strategic move enhances long-term financing and liquidity in the Swiss market.
The Würth Group has successfully issued a CHF 300 million bond with a maturity of approximately 7 years and 4 months, featuring a fixed coupon of 1.10 percent. Rated A by S&P Global Ratings, this significant issuance in the Swiss capital market strengthens the Group’s long-term financing and liquidity.
Key Bond Details
- The bond, issued through Würth Finance International B.V. and guaranteed by Adolf Würth GmbH & Co. KG, offers investors a yield of 1.0395 percent per annum.
- Deutsche Bank, Zürcher Kantonalbank, and UBS served as joint lead managers, with Raiffeisen Switzerland as co-lead manager.
- It is slated for listing on the SIX Swiss Exchange.
- This marks the first single-tranche CHF 300 million bond by a company in the Swiss capital market in nearly nine months.
Strategic Financial Move
The proceeds are earmarked for the early refinancing of an existing CHF-bond due in November 2026, bolstering the Würth Group’s long-term financial framework. Ralf Schaich, CFO and Member of the Central Management Board of the Würth Group, expressed satisfaction, noting the bond reinforces the Group’s presence in the Swiss capital market and demonstrates strong investor confidence.
Würth Group Overview
The Würth Group is a global leader in assembly and fastening materials. Its operations extend to various related business sectors, including electrical wholesaling, electronics, and financial services.
- In the 2025 fiscal year, the Group achieved sales of EUR 20.7 billion.
- Operating result stood at EUR 970 million.
- It employs over 86,000 individuals across more than 400 companies and 2,800 shops in 80 countries.