Mobimo places green bond

Mobimo Holding AG has recently placed another green bond with a volume of CHF 175 million on the Swiss capital market. The fixed-rate bond has a coupon of 1.10% and a term of seven years with a final maturity date of August 27, 2032. The issue proceeds will reportedly be used to finance sustainable projects in accordance with Mobimo's Green Bond Framework. The transaction was managed by Zürcher Kantonalbank, Luzerner Kantonalbank and Raffeisen Switzerland. Trading of the bond on the SIX Swiss Exchange has been applied for on August 26. (aw)