Rieter

A leading global supplier for textile machinery and components used in short-staple fiber spinning

A leading global supplier for textile machinery and components used in short-staple fiber spinning

The global provider of components for all spinning processes

Yarns that follow fashion

Rieter offers attractive positions around the world

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09/01/2014 - Rieter benefits from the attractive interest rate environment: Issuance of a 6y straight bond in the amount of CHF 100 million

Winterthur - Rieter Holding Ltd issues today a fixed rate bond in the amount of CHF 100 million. The bond is due 29 September 2020 and pays an annual coupon of 1.50%. The issue price is 100.215% minus commissions. Credit Suisse AG acts as sole lead manager.

The bond will be offered at market price for public subscription until 24 September 2014 (CH0253514779). The term of the bond is 6 years. Rieter Holding Ltd benefits from the attractive market conditions. The funds will be used for a partial re-financing of the existing bond in the amount of CHF 250 million, which is due on 30 April 2015.

 

Future dates

  • Publication of sales figures for the 2014 financial year: February 4, 2015
  • Results media conference and presentation for financial analysts on the 2014 annual financial statements: March 18, 2015
  • Annual General Meeting: April 16, 2015

For further details please refer to:

 

Rieter Holding Ltd
Rieter Management Ltd
Investor Relations
Media Relations
Joris Gröflin
Chief Financial Officer
T +41 52 208 70 15
F +41 52 208 70 60
 investor@rieter.com
 www.rieter.com
Cornelia Schreier
Head Corporate Communications
T +41 52 208 70 32
F +41 52 208 70 60
 media@rieter.com
 www.rieter.com

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ABOUT RIETER

Rieter is a leading supplier on the world market for textile machinery and components used in short staple fiber spinning. Based in Winterthur (Switzerland), the company develops and manufactures systems, machinery and technology components used to convert natural and manmade fibers and their blends into yarns. Rieter is the only supplier worldwide to cover spinning preparation processes as well as all four final spinning processes currently established on the market. With 18 manufacturing locations in ten countries, the company employs a global workforce of some 4 800, about 24 % of whom are based in Switzerland. Rieter is listed on the SIX Swiss Exchange under ticker symbol RIEN.

www.rieter.com