on Swiss Prime Site AG (isin : CH0008038389)
Swiss Prime Site Sets Conversion Price for Green Convertible Bonds
On March 5, 2026, Swiss Prime Site AG confirmed the conversion price for its CHF 350 million green convertible bonds due in 2032. The price is CHF 179.56, reflecting a 24% premium over the reference share price of CHF 144.81. This reference price was determined by averaging the volume weighted average prices of the company's shares over a four-day trading period from February 26 to March 3, 2026.
In addition, Swiss Prime Site successfully concluded an incentivized conversion invitation for its 2023 convertible loan notes. Conversion notices amounting to CHF 252 million were received, accounting for 92% of the loan notes. These transactions will be settled in cash with no new shares issued, leading the company to plan the redemption of the remaining loan notes.
R. E.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Swiss Prime Site AG news