Autoneum announces repayment of 1.125% fixed-rate bond at maturity
Repayment underscores both financial strength and focus on debt reduction.
Autoneum today announced it repays in full its 1.125% fixed-rate bond due December 8, 2025,
with a nominal value of CHF 100 million. The Swiss franc public bond was issued in 2017 and served, among other purposes, to finance the company’s medium-term growth.
Autoneum repaid the bond using existing credit lines on favorable terms. The repayment reflects
a sustainable reduction of the company’s net debt over recent years, driven by significant free cash flow generation.
“With the repayment of this bond, we reaffirm our financial solidity and our clear commitment to
further reducing debt in the future,” says Bernhard Wiehl, CFO Autoneum. “We thank our bond
investors for their long-standing trust in Autoneum.”
Media
Investors and Financial Analysts
Downloads
What's a cookie?
A cookie is a small amount of data generated by a website and saved by your web browser on your computer or mobile device. Its purpose is to remember information about you.
