Kuehne + Nagel issues two bonds worth CHF 400 million

May 30, 2019: Kuehne Nagel International AG have issued two inaugural bonds, the proceeds of which will be used for general corporate purposes.

The first bond has a fixed coupon of 0.02 percent and a tenor of 3 years 5 months, maturing on November 18, 2022. The second bond has a fixed coupon of 0.20 percent and a tenor of 6 years, maturing on June 18, 2025.

"These bond issues allow Kuehne Nagel to benefit from the current attractive interest rates and to optimise the financing structure while enhancing our strategic flexibility. We see it as an additional opportunity to engage with the Swiss Capital Market to support our strategy," said Markus Blanka-Graff, CFO Kuehne Nagel International AG.