Alpiq issues bond

Alpiq Holding Ltd. has issued a bond worth CHF 275 million.

Alpiq Holding Ltd. today placed a bond for CHF 275 million with a five-year term and a coupon of 2 percent. The bond was issued under the joint lead of UBS/CS/ZKB. With this transaction, Alpiq is benefiting from the historically low interest rate level. The proceeds from this bond issue will be used for general business purposes as well as to refinance loans due and private placements. The bond was primarily placed with retail and institutional investors in Switzerland and will be paid up on 13 April 2012.