in CHF |
Interest rate |
Term |
Amount 31.12.2016 |
Amount 31.12.2015 |
||||
Non-current interest-bearing liabilities to third parties |
|
|
|
|
||||
Certificate of indebtedness |
mixed |
2015–2020 |
160 838 646 |
181 225 967 |
||||
Certificate of indebtedness |
mixed |
2015–2023 |
160 796 297 |
164 026 004 |
||||
Certificate of indebtedness |
2.010 |
2016–2026 |
15 879 028 |
— |
||||
Certificate of indebtedness |
1.137 |
2016–2023 |
28 680 394 |
— |
||||
Certificate of indebtedness |
mixed |
2016–2023 |
14 069 627 |
— |
||||
Certificate of indebtedness |
0.779 |
2016–2021 |
60 066 485 |
— |
||||
Certificate of indebtedness |
1.501 |
2016–2023 |
80 490 247 |
— |
||||
Certificate of indebtedness |
1.012 |
2016–2020 |
171 383 995 |
— |
||||
Certificate of indebtedness |
mixed |
2016–2020 |
60 778 350 |
— |
||||
Certificate of indebtedness |
2.618 |
2016–2021 |
112 469 944 |
— |
||||
Certificate of indebtedness |
mixed |
2016–2021 |
168 976 058 |
— |
||||
Bank loans with fixed interest rates |
3.000 |
2012–2017 |
— |
13 433 949 |
||||
Straight bond |
3.125 |
2011–2017 |
— |
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 |
|
|
1 904 429 071 |
1 328 685 920 |
||||
|
|
|
|
|
||||
Non-current interest-bearing liabilities to Group Companies |
|
|
|
|
||||
Financial liabilities to Clariant Produkte (Deutschland) GmbH |
5.000 |
2014–2018 |
1 570 000 |
2 355 000 |
||||
Financial liabilities to Clariant Service (France) SA |
5.000 |
2014–2018 |
1 490 000 |
2 235 000 |
||||
Financial liabilities to Clariant Oil Service Ltd |
0.750 |
— |
237 054 |
424 079 |
||||
Financial liabilities to Clariant Plastics & Coatings Ltd |
mixed |
— |
3 974 660 |
172 625 133 |
||||
Non-current interest-bearing liabilities to Group Companies |
|
|
7 271 714 |
177 639 212 |
||||
Total non-current interest-bearing liabilities |
|
|
1 911 700 785 |
1 506 325 132 |
||||
|
|
|
|
|
||||
Breakdown by maturity |
|
|
|
|
||||
one to five years |
|
|
1 451 785 192 |
1 171 325 132 |
||||
more than five years |
|
|
459 915 593 |
335 000 000 |
||||
Total non-current interest-bearing liabilities |
|
|
1 911 700 785 |
1 506 325 132 |
On 26 April 2016, Clariant Ltd issued four certificates of indebtedness with a total amount of EUR 300 million. These certificates have a term of 4 years (EUR 212 million), 7 years (EUR 73 million) and 10 years (EUR 15 million) respectively. The interest varies between 1.012% and 2.010%.
On 5 August 2016 Clariant issued five certificates of indebtedness with total amounts of EUR 95 million and USD 277 million. These certificates have terms of five years (EUR 55 million and USD 277 million) and seven years (EUR 40 million). The interest varies between 0.779% and 2.618%, while a tranche of EUR 13 million has a variable interest of six months EURIBOR plus 1.1% and a tranche in the amount of USD 166 million has a variable interest of three months LIBOR plus 1.5%.
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 five years (EUR 150 million) and eight 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.
Coupon
The coupon is the annual interest payment on a bond, expressed as a percentage of the par value. VIEW ENTIRE GLOSSARY