Kantonsspital Aarau AG’s Issuance of Green Bonds
On 23 May 2022, Kantonsspital Aarau AG (KSA) completed the issuance and placement of its first green bond in an amount of CHF 120 million The net proceeds are intended to be used, amongst other things, for the financing of “Dreiklang,” KSA’s new ecological construction project. The company is committed to providing sustainable acute and specialized healthcare. The sustainable bond has a maturity of 15 years and is therefore due 2037. It is issued with a coupon of 1.65% at a price of 100.199%.