on Zug Estates Holding AG (ETR:CH014805)
Zug Estates Issues CHF 100 Million Green Bond
Zug Estates Holding Ltd has successfully issued a CHF 100 million green bond on the Swiss capital market. This fixed-rate bond offers a 1.35% coupon with a seven-year term. Set for payment on June 30, 2026, the funds will focus on refinancing sustainable projects under Zug Estates’ Green Finance Framework. Zürcher Kantonalbank, Basler Kantonalbank, and Luzerner Kantonalbank participated as joint lead managers in the issuance. Additionally, the bond seeks admission for trading on the SIX Swiss Exchange.
Zug Estates, known for property design and management in the Zug region, emphasizes sustainable development. The company's financial and sustainability strategies align, demonstrated by this bond initiative to support eco-friendly projects, enhancing its position in green financing.
R. P.
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