Winterthur, Switzerland -- Rieter Holding Ltd has secured a CHF 250-million ($236-million) fixed-rate bond, issued 30 March 2010.
This bond matures in five years, expiring 30 April 2015.
It is guaranteed by a bank consortium led by Credit Suisse AG, UBS AG and the Zurich Cantonal Bank. at a price of 100.25 percent, less commission.
Automotive acoustics supplier Rieter said this bond issue will enable the company to "diversify financial resources and extend credit line maturities to take advantage of favourable capital market conditions."