EFG International

Ratings

EFG International
EFG Bank

Moody's

Short term: P1

Long term: A3

Outlook: negative

Short term: P1

Long term: A1

Outlook: negative

Fitch Rating

Short term: F1

Long term: A

Outlook: negative

Short term: F1

Long term: A

Outlook: negative

Fiduciary Certificates

€400 million of EFG Fiduciary Certificates

In November 2004 and January 2005, EFG Bank issued Tier I qualifying Bons de Participation in EFG Bank and Class B shares in EFG Finance (Guernsey) Limited for a total of €400 million.

The Bons de Participation and the Class B Shares entitle their holders to a preferential dividend of 6.50% for the first year and there after the lesser of (i) the aggregate of the 10-yr EUR Swap Rate plus 0.25% per annum and (ii) 8% per annum, each calculated for a semi-annual period.

The Bons de Participation and the Class B Shares are held on a fiduciary basis by a fiduciary which issued EFG Fiduciary Certificates to finance the purchase of both securities. The EFG Fiduciary Certificates (ISIN: XS0204324890) are listed on the Luxembourg Stock Exchange.

In accordance with the reorganisation of EFG Bank which was pre-cleared by the Swiss Federal Banking Commission on 27th June, 2005 and which was in turn approved on 29th June, 2005 by the board of directors of the Bank, the reorganisation became effective on the 8th September 2005. The Fiduciary has New Bons de Participation in EFG International, these new Bons de participation, issued by EFG International have identical terms to those originally issued by EFG Bank.

Reports submitted to the Luxembourg regulator

Interim Management Reports
Interim Management Report 2016
Interim Management Report 2015
Interim Management Report 2014
Interim Management Report 2013
Interim Management Report 2012
Interim Management Report 2011
Interim Management Report 2010
Interim Management Report 2009

 

 

Tender offer and results
28.01.2013 Offer and Proposal EFG Fiduciary Certificates
14.01.2013 Modification Notice EFG Fiduciary Certificates
11.01.2013 Announcement Meeting Results EFG Fiduciary Certificates
08.01.2013 Announcement Results Offer EFG Fiduciary Certificates
20.12.2012 Announcement Early Offer Results EFG Fiduciary Certificates
12.12.2012 Announcement Offer EFG Fiduciary Certificates

 

Accrue Date Pay Date Preference Dividend Rate Dividend (EUR)
30.10.2016 02.05.2017 0.63400% 3.17
30.04.2016 31.10.2016 0.84900% 4.25
30.10.2015 03.05.2016 1.19700% 5.99
30.04.2015 30.10.2015 0.71200% 3.56
30.10.2014 30.04.2015 1.34900% 6.75
30.04.2014 30.10.2014 2.00500% 10.025
30.10.2013 30.04.2014 2.37600% 11.88
30.04.2013 30.10.2013 1.81500% 9.08
30.10.2012 30.04.2013 2.09600% 10.48
30.04.2012 30.10.2012 2.46200% 12.31
30.10.2011 30.04.2012 2.84000% 14.20
30.04.2011 31.10.2011 3.85800% 19.29
30.10.2010 03.05.2011 3.03500% 15.18
30.04.2010 02.11.2010 3.50000% 17.50
30.10.2009 30.04.2010 3.79500% 18.98
30.04.2009 30.10.2009 3.69700% 18.49
30.10.2008 30.04.2009 4.71600% 23.58
30.04.2008 30.10.2008 4.87600% 24.38
30.10.2007 30.04.2008 4.81600% 24.08
30.04.2007 30.10.2007 4.70500% 23.53
30.10.2006 30.04.2007 4.31500% 21.58
30.04.2006 30.10.2006 4.38600% 21.93
10.11.2005 30.04.2006 3.78800% 17.88
10.11.2004 10.11.2005 6.50000% 65

 



Tier 1 Preference Dividend Rate based on ISDA 10 year swap fix Plus 0.25%
Rate determined 6 business days in advance.
First Dividend set at 6.5%

Tier 2 Notes

On 16 January 2013, EFG Funding (Guernsey) Limited announced the successful placement of CHF 180 million of subordinated Basel III compliant Tier 2 notes, guaranteed by EFG International on subordinated basis.

The 10 year notes, settled on 31 January 2013, bear annual interest of 4.75% for the first five years and thereafter, the aggregate of the 5-yr CHF Mid Market Swap Rate plus 4.36% per annum. The notes are listed on SIX Swiss Exchange.

The proceeds of the issuance were used by EFG Funding (Guernsey) Limited for the conditional cash tender offer to the holders of EFG Fiduciary Certificates, announced on 12 December 2012.

Bonds specifics
Issuer EFG Funding (Guernsey) Ltd
Guarantor EFG International AG
ISIN CH0204819301
Currency CHF
Nominal 180'000'000
Coupon 4.75% p.a. - for the first 5 years
Issue Date 31 January 2013
Maturity 10 years
Reset After 5 years