Alpiq issues a new bond on the capital market

Today Alpiq Holding Ltd. issued a dual-tranche bond with a total volume of CHF 475 million. The 10-year tranche (CHF 225 million) has a coupon of 2.250% and the 5-year tranche (CHF 250 million) pays 1.375% p.a. Payment date of both bonds is 20 September 2011.

The proceeds from the transaction will be used to replace short term liabilities of the Group. In a challenging market environment, Alpiq   successfully returned to the CHF bond market, allowing the Company to extend and complete its debt maturity profile and to benefit from the historically low interest rates.