Press releases

Announcement of exercise of issuer call option to redeem Perpetual Callable Subordinated Bonds

  • Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules

Lenzburg, September 20, 2023 – Hero AG (the "Company") is exercising its call option right pursuant to Condition 3.2(a) (General Call Option) of the Terms of the Bonds and redeeming all of the outstanding 2.125% Perpetual Callable Subordinated Bonds (the “Bonds”) with ISIN CH0341725874.

After the tender offer and early payback of CHF 123,550,000 in May 2023, there is CHF 76,450,000 up for redemption on October 27, 2023 (First Call Date). The redemption of the outstanding Bonds will be at par value plus accrued and unpaid interest.

The last day of trading of the Bonds will be October 25, 2023.

About Hero Group
The Hero Group is an international food company focused on branded nutritional food products. The company was founded in 1886 in Lenzburg, Switzerland, where its headquarters are still located today. Hero's main product categories of Baby & Toddler Food, Natural Spreads, and Healthy Snacks are complemented by its activities in Baby & Toddler Milk and Specialties. The Group, which lives by its mission to delight consumers by conserving the goodness of nature, boasts a global footprint and its portfolio consists of many well-known international and local brands. In 2022, the Group generated revenues of CHF 1.2 billion.


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