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Burckhardt Compression successfully issued a CHF 100 million bond

Published by , Senior Editor
Hydrocarbon Engineering,

Burckhardt Compression has successfully issued a CHF 100 million bond on the Swiss capital market.

The bond is primarily intended to finance the recently announced acquisition of the remaining 40% stake in Shenyang Yuanda Compressor, based in Shenyang, China.

The bond has a maturity of four years and a coupon of 1.50%.

The issue was lead managed by Zürcher Kantonalbank. The bond will be listed on the SIX Swiss Exchange.

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