GNW-News: SIKA AG LANCIERT EINE PFLICHTWANDELANLEIHE IM BETRAG VON BIS ZU CHF 1'300 MILLIONEN MIT FÄLLIGKEIT IN 2022

SIKA AG LANCIERT EINE PFLICHTWANDELANLEIHE IM BETRAG VON BIS ZU CHF 1'300 MILLIONEN MIT FÄLLIGKEIT IN 2022

Sika AG /

SIKA AG LANCIERT EINE PFLICHTWANDELANLEIHE IM BETRAG VON BIS ZU CHF 1'300

MILLIONEN MIT FÄLLIGKEIT IN 2022

. Verarbeitet und übermittelt durch West Corporation.

Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

Source: Globenewswire

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, SOUTH

AFRICA OR JAPAN, OR IN OR INTO ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION

WOULD BE PROHIBITED BY APPLICABLE LAW.

Sika AG ("Sika") lanciert eine Pflichtwandelanleihe im Betrag von bis zu CHF

1'300 Millionen mit Fälligkeit in 2022 (die "Pflichtwandelanleihe"). Sika

beabsichtigt den Erlös der Pflichtwandelanleihe für die Finanzierung der

kürzlich angekündigten Akquisition von Parex sowie für allgemeine

Unternehmenszwecke zu verwenden.

Die Pflichtwandelanleihe wird bei Fälligkeit, vorbehältlich des Rechts zur

vorzeitigen Umwandlung von Sika und den Anleihegläubigern gemäss den allgemeinen

Anleihebedingungen, verpflichtend in neue oder bereits existierende Namenaktien

der Sika umgewandelt.

Die Pflichtwandelanleihe mit einer Stückelung von je CHF 200'000 wird zu 100%

des Ausgabepreis emittiert und hat einen jährlichen Coupon zwischen 3.75% und

4.00%, welcher nachträglich zahlbar ist. Die Pflichtwandelanleihe hat eine

Untergrenze, welche dem Referenz-Aktienpreis ("Referenzpreis") entspricht, die

maximale Wandlungsprämie liegt zwischen 12.5% bis 15.0% über dem Referenzpreis.

Es wird erwartet, dass der Referenzpreis dem Platzierungspreis von Aktien

entsprechen wird, welche im Rahmen von Sicherungsgeschäften einzelner

Pflichtanleiheinvestoren im Markt über ein beschleunigtes Platzierungsverfahren

bei Investoren platziert werden. Wie in den allgemeinen Anleihebedingungen

beschrieben, wird die Pflichtwandelanleihe nachrangig zu bestehenden

Verbindlichkeiten von Sika sein.

Sika hat das Recht die Zahlung des Coupons jederzeit nach eigenem Ermessen zu

einem Teil oder ganz aufzuschieben. Fällige Zinszahlungen können jederzeit nach

dem Ermessen von Sika zu Teilen oder ganz oder verbindlich bei dem Eintreten

bestimmter Ereignisse gemäss den allgemeinen Bedingungen erfolgen.

Sika wird die finalen Konditionen der Pflichtwandelanleihe, inklusive dem

Coupon, dem maximalen Wandlungspreis, Referenzpreis sowie dem Emissionsvolumen

nach dem Abschluss der Platzierung der Pflichtwandelanleihe bekannt geben,

welche voraussichtlich vor der Markteröffnung am 23. Januar 2019 abgeschlossen

sein wird.

Das Angebot beinhaltet ein öffentliches Angebot in der Schweiz sowie private

Platzierungen der Pflichtwandelanleihe bei professionellen Investoren in anderen

Jurisdiktionen. Die Pflichtwandelanleihe wird Investoren ausserhalb der USA

gemäss Regulation S des US Securities Act von 1933 angeboten und ansonsten in

Übereinstimmung mit geltenden aktienrechtlichen Gesetzen, Regeln und

Regulationen.

Die Liberierung der Pflichtwandelanleihe ist für den 30. Januar 2019 vorgesehen.

Das Gesuch zur Kotierung und zum Handel der Pflichtwandelanleihe gemäss Standard

für Anleihen an der SIX Swiss Exchange wird gestellt. Sika beabsichtigt die

Pflichtwandelanleihe von S&P raten zu lassen.

Sika hat einer 90-tägigen Lock-up Periode zugestimmt, welche ab dem Tag der

Festlegung des finalen Preises beginnt.

UBS agiert als Global Coordinator und Joint Bookrunner. Citigroup agiert als

Joint Bookrunner neben UBS.

KONTAKT

Dominik Slappnig

Corporate Communications und

Investor Relations

+41 58 436 68 21

slappnig.dominik@ch.sika.com

SIKA FIRMENPROFIL

Sika ist ein Unternehmen der Spezialitätenchemie, führend in der Entwicklung und

Produktion von Systemen und Produkten zum Kleben, Dichten, Dämpfen, Verstärken

und Schützen für die Bau- und Fahrzeugindustrie. Sika ist weltweit präsent mit

Tochtergesellschaften in 101 Ländern und produziert in über 200 Fabriken. Ihre

mehr als 19'500 Mitarbeitenden haben 2018 einen Jahresumsatz von CHF

7.09 Milliarden erwirtschaftet.

IMPORTANT NOTICE

NO ACTION HAS BEEN TAKEN BY SIKA, THE JOINT BOOKRUNNERS OR ANY OF THEIR

RESPECTIVE AFFILIATES THAT WOULD PERMIT AN OFFERING OF THE NOTES OR POSSESSION

OR DISTRIBUTION OF THIS PRESS RELEASE OR ANY OFFERING OR PUBLICITY MATERIAL

RELATING TO THE NOTES IN ANY JURISDICTION WHERE ACTION FOR THAT PURPOSE IS

REQUIRED. PERSONS INTO WHOSE POSSESSION THIS PRESS RELEASE COMES ARE REQUIRED BY

SIKA AND THE JOINT BOOKRUNNERS TO INFORM THEMSELVES ABOUT, AND TO OBSERVE, ANY

SUCH RESTRICTIONS.

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY IN OR INTO

THE UNITED STATES. THIS PRESS RELEASE IS NOT AN OFFER TO SELL SECURITIES OR THE

SOLICITATION OF ANY OFFER TO BUY SECURITIES, NOR SHALL THERE BE ANY OFFER OF

SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER OR SALE WOULD BE UNLAWFUL.

THIS PRESS RELEASE AND THE OFFERING WHEN MADE ARE ONLY ADDRESSED TO, AND

DIRECTED IN MEMBER STATES OF THE EUROPEAN ECONOMIC AREA (THE "EEA") AT PERSONS

WHO ARE "QUALIFIED INVESTORS" WITHIN THE MEANING OF ARTICLE 2(1)(E) OF THE

PROSPECTUS DIRECTIVE ("QUALIFIED INVESTORS"). FOR THESE PURPOSES, THE EXPRESSION

"PROSPECTUS DIRECTIVE" MEANS DIRECTIVE 2003/71/EC, AS AMENDED.

SOLELY FOR THE PURPOSES OF THE PRODUCT GOVERNANCE REQUIREMENTS CONTAINED WITHIN:

(A) EU DIRECTIVE 2014/65/EU ON MARKETS IN FINANCIAL INSTRUMENTS, AS AMENDED

("MIFID II"); (B) ARTICLES 9 AND 10 OF COMMISSION DELEGATED DIRECTIVE (EU)

2017/593 SUPPLEMENTING MIFID II; AND (C) LOCAL IMPLEMENTING MEASURES (TOGETHER,

THE "MIFID II PRODUCT GOVERNANCE REQUIREMENTS"), AND DISCLAIMING ALL AND ANY

LIABILITY, WHETHER ARISING IN TORT, CONTRACT OR OTHERWISE, WHICH ANY

"MANUFACTURER" (FOR THE PURPOSES OF THE MIFID II PRODUCT GOVERNANCE

REQUIREMENTS) MAY OTHERWISE HAVE WITH RESPECT THERETO, THE NOTES HAVE BEEN

SUBJECT TO A PRODUCT APPROVAL PROCESS, WHICH HAS DETERMINED THAT: (I) THE TARGET

MARKET FOR THE NOTES IS ELIGIBLE COUNTERPARTIES AND PROFESSIONAL CLIENTS ONLY,

EACH AS DEFINED IN MIFID II (EXCEPT FOR IN SWITZERLAND, WHERE THE NOTES ARE THE

SUBJECT OF A PUBLIC OFFERING, WHICH MAY INCLUDE OFFERINGS TO NON-PROFESSIONAL

INVESTORS); AND (II) ALL CHANNELS FOR DISTRIBUTION OF THE NOTES TO ELIGIBLE

COUNTERPARTIES AND PROFESSIONAL CLIENTS ARE APPROPRIATE. ANY PERSON SUBSEQUENTLY

OFFERING, SELLING OR RECOMMENDING THE NOTES (A "DISTRIBUTOR") SHOULD TAKE INTO

CONSIDERATION THE MANUFACTURERS' TARGET MARKET ASSESSMENT; HOWEVER, A

DISTRIBUTOR SUBJECT TO MIFID II IS RESPONSIBLE FOR UNDERTAKING ITS OWN TARGET

MARKET ASSESSMENT IN RESPECT OF THE NOTES (BY EITHER ADOPTING OR REFINING THE

MANUFACTURERS' TARGET MARKET ASSESSMENT) AND DETERMINING APPROPRIATE

DISTRIBUTION CHANNELS.

THE TARGET MARKET ASSESSMENT IS WITHOUT PREJUDICE TO THE REQUIREMENTS OF ANY

CONTRACTUAL OR LEGAL SELLING RESTRICTIONS IN RELATION TO ANY OFFERING OF THE

NOTES.

FOR THE AVOIDANCE OF DOUBT, THE TARGET MARKET ASSESSMENT DOES NOT CONSTITUTE:

(A) AN ASSESSMENT OF SUITABILITY OR APPROPRIATENESS FOR THE PURPOSES OF MIFID

II; OR (B) A RECOMMENDATION TO ANY INVESTOR OR GROUP OF INVESTORS TO INVEST IN,

OR PURCHASE, OR TAKE ANY OTHER ACTION WHATSOEVER WITH RESPECT TO THE NOTES.

THE NOTES ARE NOT INTENDED TO BE OFFERED, SOLD OR OTHERWISE MADE AVAILABLE TO

AND SHOULD NOT BE OFFERED, SOLD OR OTHERWISE MADE AVAILABLE TO ANY RETAIL

INVESTOR IN THE EEA. FOR THESE PURPOSES, A RETAIL INVESTOR MEANS A PERSON WHO IS

ONE (OR MORE) OF: (I) A RETAIL CLIENT AS DEFINED IN POINT (11) OF ARTICLE 4(1)

OF MIFID II; OR (II) A CUSTOMER WITHIN THE MEANING OF DIRECTIVE 2002/92/EC,

WHERE THAT CUSTOMER WOULD NOT QUALIFY AS A PROFESSIONAL CLIENT AS DEFINED IN

POINT (10) OF ARTICLE 4(1) OF MIFID II. CONSEQUENTLY, NO KEY INFORMATION

DOCUMENT REQUIRED BY REGULATION (EU) NO 1286/2014, AS AMENDED (THE "PRIIPS

REGULATION") FOR OFFERING OR SELLING THE NOTES OR OTHERWISE MAKING THEM

AVAILABLE TO RETAIL INVESTORS IN THE EEA HAS BEEN PREPARED AND THEREFORE

OFFERING OR SELLING THE NOTES OR OTHERWISE MAKING THEM AVAILABLE TO ANY RETAIL

INVESTOR IN THE EEA MAY BE UNLAWFUL UNDER THE PRIIPS REGULATION.

IN ADDITION, IN THE UNITED KINGDOM THIS PRESS RELEASE IS BEING DISTRIBUTED ONLY

TO, AND IS DIRECTED ONLY AT, QUALIFIED INVESTORS (I) WHO HAVE PROFESSIONAL

EXPERIENCE IN MATTERS RELATING TO INVESTMENTS FALLING WITHIN ARTICLE 19(5) OF

THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS

AMENDED (THE "ORDER") AND QUALIFIED INVESTORS FALLING WITHIN ARTICLE 49(2)(A) TO

(D) OF THE ORDER, AND (II) TO WHOM IT MAY OTHERWISE LAWFULLY BE COMMUNICATED

(ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS "RELEVANT PERSONS"). THIS PRESS

RELEASE MUST NOT BE ACTED ON OR RELIED ON (I) IN THE UNITED KINGDOM, BY PERSONS

WHO ARE NOT RELEVANT PERSONS, AND (II) IN ANY MEMBER STATE OF THE EEA OTHER THAN

THE UNITED KINGDOM, BY PERSONS WHO ARE NOT QUALIFIED INVESTORS. ANY INVESTMENT

OR INVESTMENT ACTIVITY TO WHICH THIS PRESS RELEASE RELATES IS AVAILABLE ONLY TO

(A) RELEVANT PERSONS IN THE UNITED KINGDOM AND WILL BE ENGAGED IN ONLY WITH

RELEVANT PERSONS IN THE UNITED KINGDOM AND (B) QUALIFIED INVESTORS IN MEMBER

STATES OF THE EEA (OTHER THAN THE UNITED KINGDOM).

THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR

PURCHASE ANY SECURITIES NOR DOES IT CONSTITUTE A PROSPECTUS WITHIN THE MEANING

OF ARTICLES 652A OR 1156 OF THE SWISS CODE OF OBLIGATIONS OR A LISTING

PROSPECTUS PURSUANT TO THE LISTING RULES OF THE SIX SWISS EXCHANGE. ANY DECISION

TO PURCHASE ANY SECURITIES REFERRED TO HEREIN SHOULD BE SOLELY BASED ON THE

RELEVANT PROSPECTUS, WHICH IS EXPECTED TO BE PUBLISHED ON OR AROUND THE DATE

HEREOF BY SIKA AG AND IS AVAILABLE FREE OF CHARGE AT UBS AG, PROSPECTUS LIBRARY,

P.O. BOX, CH-8098 ZURICH, SWITZERLAND (TELEPHONE: +41 44 239 47 03, FAX:

+41 44 239 69 14 OR E-MAIL: SWISS-PROSPECTUS@UBS.COM).

ANY DECISION TO PURCHASE ANY OF THE NOTES SHOULD ONLY BE MADE ON THE BASIS OF AN

INDEPENDENT REVIEW BY A PROSPECTIVE INVESTOR OF SIKA'S PUBLICLY AVAILABLE

INFORMATION. NEITHER THE JOINT BOOKRUNNERS NOR ANY OF THEIR RESPECTIVE

AFFILIATES ACCEPT ANY LIABILITY ARISING FROM THE USE OF, OR MAKE ANY

REPRESENTATION AS TO THE ACCURACY OR COMPLETENESS OF, THIS PRESS RELEASE OR

SIKA'S PUBLICLY AVAILABLE INFORMATION. THE INFORMATION CONTAINED IN THIS PRESS

RELEASE IS SUBJECT TO CHANGE IN ITS ENTIRETY WITHOUT NOTICE UP TO THE SETTLEMENT

DATE.

EACH PROSPECTIVE INVESTOR SHOULD PROCEED ON THE ASSUMPTION THAT IT MUST BEAR THE

ECONOMIC RISK OF AN INVESTMENT IN THE NOTES OR THE SHARES TO BE ISSUED OR

TRANSFERRED AND DELIVERED UPON CONVERSION OF THE NOTES AND NOTIONALLY UNDERLYING

THE NOTES (TOGETHER WITH THE NOTES, THE "SECURITIES"). NEITHER SIKA NOR THE

JOINT BOOKRUNNERS MAKE ANY REPRESENTATION AS TO (I) THE SUITABILITY OF THE

SECURITIES FOR ANY PARTICULAR INVESTOR, (II) THE APPROPRIATE ACCOUNTING

TREATMENT AND POTENTIAL TAX CONSEQUENCES OF INVESTING IN THE SECURITIES OR (III)

THE FUTURE PERFORMANCE OF THE SECURITIES EITHER IN ABSOLUTE TERMS OR RELATIVE TO

COMPETING INVESTMENTS.

THE JOINT BOOKRUNNERS ARE ACTING ON BEHALF OF SIKA AND NO ONE ELSE IN CONNECTION

WITH THE NOTES AND WILL NOT BE RESPONSIBLE TO ANY OTHER PERSON FOR PROVIDING THE

PROTECTIONS AFFORDED TO CLIENTS OF THE JOINT BOOKRUNNERS OR FOR PROVIDING ADVICE

IN RELATION TO THE SECURITIES.

EACH OF SIKA, THE JOINT BOOKRUNNERS AND THEIR RESPECTIVE AFFILIATES EXPRESSLY

DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO UPDATE, REVIEW OR REVISE ANY

STATEMENT CONTAINED IN THIS PRESS RELEASE WHETHER AS A RESULT OF NEW

INFORMATION, FUTURE DEVELOPMENTS OR OTHERWISE.

Die Medienmitteilung ist auf folgendem Link als PDF abrufbar:

Medienmitteilung:

http://hugin.info/100359/R/2232068/877680.pdf

This announcement is distributed by West Corporation on behalf of West Corporation clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Sika AG via GlobeNewswire

http://www.sika.com