Pressemitteilung BoxID: 337173 (Arbonia Management AG)
  • Arbonia Management AG
  • Amriswilerstrasse 50
  • 9320 Arbon
  • Ansprechpartner
  • Fabienne Rohner
  • +41 (71) 44745-54

Further bond issue from AFG Arbonia-Forster-Holding AG

(PresseBox) (Arbon, ) AFG Arbonia-Forster-Holding AG yesterday borrowed 200 million Swiss francs of new longterm debt through a further bond issue. The interest paid on the new bond, which will run for 6 years up to 12 May 2016, is 3.375 percent. A bank syndicate with Credit Suisse acting as Lead Manager has taken over the issue at an issue price of 100.000 percent and is offering it publicly in Switzerland to subscribers. The issue has met with lively interest from both institutional and private investors. The first official trading day for the bonds on the SIX Swiss Exchange is 30 April 2010. The purpose of this issue is to repay the outstanding 3.375% bond issue (term 2004-2010) as well as to finance general business operations.

Arbonia Management AG

AFG Arbonia-Forster-Holding AG, based in Arbon, Switzerland, is a leading integrated construction industry supplier and technology group. The company is listed on the SIX Swiss Exchange and operates through five Divisions: Heating Technology and Sanitary Equipment, Kitchens and Refrigeration, Windows and Doors, Steel Technology and Surface Technology. Its production sites are in Switzerland, Germany, France, the USA, the Czech Republic, the UK and Slovakia. AFG has about 50 production and distribution companies around the world, as well as several representative offices and partners. It is active in more than 70 countries in total. Its brands - Kermi, Arbonia, Prolux, ASCO Swiss, Aqualux, Forster Küchen, Forster Kühlen, Miele Kitchens, Warendorf, Piatti, EgoKiefer, RWD Schlatter, Slovaktual, Forster Präzisionsstahlrohre, Forster Profilsysteme, STI | Hartchrom and Asta - are at the heart of its business. With these brands, AFG Arbonia-Forster-Holding AG has built up leading positions in its home markets of Switzerland and Germany. It is also engaged in intensive efforts to develop new markets in Eastern Europe, Russia, and the Middle and Far East, though always with a close eye on the general economic situation. A separate Asia Pacific regional branch was set up in 2008. AFG's focus is on segments that reward outstanding innovation and responsiveness with robust margins and exceptional longterm growth potential.