in CHF |
Interest rate |
Term |
Amount |
Amount |
||||
Non-current interest bearing liabilities to third parties |
|
|
|
|
||||
Certificate of indebtedness |
mixed |
2011 – 2016 |
– |
152 671 000 |
||||
Certificate of indebtedness |
mixed |
2015 – 2020 |
164 026 004 |
– |
||||
Certificate of indebtedness |
mixed |
2015 – 2023 |
181 225 967 |
– |
||||
Bank loans with fixed interest rates |
3.000 |
2012 – 2017 |
13 433 949 |
27 853 406 |
||||
Straight bond |
3.125 |
2011 – 2017 |
100 000 000 |
100 000 000 |
||||
Straight bond |
3.250 |
2012 – 2019 |
285 000 000 |
285 000 000 |
||||
Straight bond |
2.500 |
2012 – 2018 |
250 000 000 |
250 000 000 |
||||
Straight bond |
3.500 |
2012 – 2022 |
175 000 000 |
175 000 000 |
||||
Straight bond |
2.125 |
2014 – 2024 |
160 000 000 |
160 000 000 |
||||
Total non-current interest bearing liabilities to third parties |
|
|
1 328 685 920 |
1 150 524 406 |
||||
|
|
|
|
|
||||
Non-current interest bearing liabilities to Group Companies |
|
|
|
|
||||
Financial liabilities to Clariant Produkte (Deutschland) GmbH |
5.000 |
2014 – 2018 |
2 355 000 |
2 355 000 |
||||
Financial liabilities to Clariant Service (France) SA |
5.000 |
2014 – 2018 |
2 235 000 |
2 235 000 |
||||
Financial liabilities to Clariant Oil Service Ltd |
0.750 |
– |
424 079 |
– |
||||
Financial liabilities to Clariant Beteiligungen Ltd |
mixed |
– |
172 625 133 |
– |
||||
Non-current interest bearing liabilities to Group Companies |
|
|
177 639 212 |
4 590 000 |
||||
Total non-current interest bearing liabilities |
|
|
1 506 325 132 |
1 155 114 406 |
||||
|
|
|
|
|
||||
Breakdown by maturity |
|
|
|
|
||||
one to five years |
|
|
1 171 325 132 |
820 114 406 |
||||
more than five years |
|
|
335 000 000 |
335 000 000 |
||||
Total non-current interest bearing liabilities |
|
|
1 506 325 132 |
1 155 114 406 |
On 17 April 2015, Clariant Ltd issued four certificates of indebtedness with a total amount of EUR 300 million. These certificates have a term of 5 years (EUR 150 million) and 8 years (EUR 150 million) respectively. For each term there is one certificate with a fixed (based on mid-swap) and one with a floating (based on six months Euribor) coupon. The interest costs of the tranches range from 0.9% to 1.6% per year.
On 17 October 2014, Clariant Ltd launched a CHF 160 million domestic bond for a term of ten years, with a coupon of 2.125% per annum and an issue price of 101.053% for the first tranche of CHF 150 million and 101.412% for the second tranche of CHF 10 million.
Coupon
The coupon is the annual interest payment on a bond, expressed as a percentage of the par value. VIEW ENTIRE GLOSSARY