Financing & ratings

We rely on a broad spectrum of financing instruments to meet our financing requirements. Here you will find an overview of all of the financial liabilities as well as their maturities and our credit rating according to rating agencies.

Standard & Poor’s

Corporate Credit Rating 2024

A

watch negative

Moody’s

Credit Opinion 2024

A1

on review for down­­grade

Financings as at 30.06.2024

Swisscom AG appears as a debtor in the financing list.
To avoid structural subordination, we are attempting to include financing at Swisscom AG level. Exceptions are for historical reasons and the amounts are not significant.

Instrument Currency Amount Maturity
Revolving Credit Facility CHF
0 million 1  
Swiss private placement CHF 150 million
2031
Swiss private placement CHF 170 million 2027
Bank loans EUR 150 million
2024
Bank loans USD 117 million
2028
Instrument Revolving Credit Facility
Currency CHF
Amount 0 million 1
Maturity  
Instrument Swiss private placement
Currency CHF
Amount 150 million
Maturity 2031
Instrument Swiss private placement
Currency CHF
Amount 170 million
Maturity 2027
Instrument Bank loans
Currency EUR
Amount 150 million
Maturity 2024
Instrument Bank loans
Currency USD
Amount 117 million
Maturity 2028

Committed revolving credit facilities: CHF 1,200 million, maturity: 2028 / CHF 1'000 million, maturity 2028

SIX-listed bonds in the Swiss domestic capital market

Par value Coupon Payment date Maturity Security number
500 million 1.75% 10.07.2012 10.07.2024 18833536
200 million 1.50% 14.07.2014 14.07.2026 24777613(opens in new tab)
350 million 0.375% 31.05.2017 31.05.2027 36274835(opens in new tab)
200 million 0.375% 15.12.2016 15.12.2027 34458378(opens in new tab)
200 million 0.375% 31.03.2016 31.03.2028 31792166(opens in new tab)
150 million 0.75% 12.10.2018 12.10.2028 43718093(opens in new tab)
200 million 0.50% 15.03.2019 15.03.2029 041904098(opens in new tab)
160 million 1.50% 30.09.2014 28.09.2029 25414750(opens in new tab)
150 million 1.875% 23.02.2023 23.08.2030 124866693(opens in new tab)
315 million 1.65% 23.05.2024 23.08.2030 135072778(opens in new tab)
100 million 0.13% 18.09.2020 18.09.2031 51515246(opens in new tab)
300 million 0.125% 15.09.2016 15.09.2032 33635277(opens in new tab)
100 million 0.25% 18.05.2021 18.05.2033 111245576(opens in new tab)
230 million 0.75% 24.11.2017
24.05.2019 *
24.11.2033 37347616(opens in new tab)
455 million 1.80% 23.05.2024 23.08.2034 135072779(opens in new tab)
100 million 0.245% 20.11.2020 20.11.2034 58029196(opens in new tab)
300 million 1.00% 17.04.2015 17.04.2035 26898818(opens in new tab)
375 million 2.00% 23.05.2024 23.11.2039 135072780(opens in new tab)
125 million 0.00% 30.08.2019 30.08.2044 49473433(opens in new tab)
50 million 2.19% 13.03.2023 13.03.2053 125475190(opens in new tab)
Par value 500 million
Coupon 1.75%
Payment date 10.07.2012
Maturity 10.07.2024
Security number 18833536
Par value 200 million
Coupon 1.50%
Payment date 14.07.2014
Maturity 14.07.2026
Security number 24777613(opens in new tab)
Par value 350 million
Coupon 0.375%
Payment date 31.05.2017
Maturity 31.05.2027
Security number 36274835(opens in new tab)
Par value 200 million
Coupon 0.375%
Payment date 15.12.2016
Maturity 15.12.2027
Security number 34458378(opens in new tab)
Par value 200 million
Coupon 0.375%
Payment date 31.03.2016
Maturity 31.03.2028
Security number 31792166(opens in new tab)
Par value 150 million
Coupon 0.75%
Payment date 12.10.2018
Maturity 12.10.2028
Security number 43718093(opens in new tab)
Par value 200 million
Coupon 0.50%
Payment date 15.03.2019
Maturity 15.03.2029
Security number 041904098(opens in new tab)
Par value 160 million
Coupon 1.50%
Payment date 30.09.2014
Maturity 28.09.2029
Security number 25414750(opens in new tab)
Par value 150 million
Coupon 1.875%
Payment date 23.02.2023
Maturity 23.08.2030
Security number 124866693(opens in new tab)
Par value 315 million
Coupon 1.65%
Payment date 23.05.2024
Maturity 23.08.2030
Security number 135072778(opens in new tab)
Par value 100 million
Coupon 0.13%
Payment date 18.09.2020
Maturity 18.09.2031
Security number 51515246(opens in new tab)
Par value 300 million
Coupon 0.125%
Payment date 15.09.2016
Maturity 15.09.2032
Security number 33635277(opens in new tab)
Par value 100 million
Coupon 0.25%
Payment date 18.05.2021
Maturity 18.05.2033
Security number 111245576(opens in new tab)
Par value 230 million
Coupon 0.75%
Payment date 24.11.2017
24.05.2019 *
Maturity 24.11.2033
Security number 37347616(opens in new tab)
Par value 455 million
Coupon 1.80%
Payment date 23.05.2024
Maturity 23.08.2034
Security number 135072779(opens in new tab)
Par value 100 million
Coupon 0.245%
Payment date 20.11.2020
Maturity 20.11.2034
Security number 58029196(opens in new tab)
Par value 300 million
Coupon 1.00%
Payment date 17.04.2015
Maturity 17.04.2035
Security number 26898818(opens in new tab)
Par value 375 million
Coupon 2.00%
Payment date 23.05.2024
Maturity 23.11.2039
Security number 135072780(opens in new tab)
Par value 125 million
Coupon 0.00%
Payment date 30.08.2019
Maturity 30.08.2044
Security number 49473433(opens in new tab)
Par value 50 million
Coupon 2.19%
Payment date 13.03.2023
Maturity 13.03.2053
Security number 125475190(opens in new tab)

* CHF 80 million increase

For legal reasons, Swisscom cannot offer the prospectuses for the bonds listed below online.

The prospectuses with the security numbers 26898818, 31792166, 043718093, 111245576 and 124866693 can be ordered free of charge from UBS by telephone on +41 44 239 47 03, by fax on +41 44 239 21 11 or by e-mail to swiss-prospectus@UBS.com(opens in new tab).

The prospectuses with the security numbers 33635277, 036274835, 37347616 and 049473433 are available from Credit Suisse, Transaction Advisory Group, PO Box, CH-8070 Zurich, Switzerland (Tel.: +41 44 333 20 98, Fax: +41 44 333 67 86, e-mail: newissues.fixedincome@credit-suisse.com(opens in new tab)). The prospectuses with the security numbers 24777613, 25414750, 034458378 and 041904098 can be ordered free of charge from Zuercher Kantonalbank by telephone on +41 44 293 67 40, by fax on +41 44 293 67 32 or by e-mail to prospectus@zkb.ch. The prospectuses for Valor 058029196, 125475190, 135072778, 135072778, 135072779, 135072780 are available from Deutsche Bank AG, Zurich Branch at dcm.operations@db.com(opens in new tab).

Eurobonds

Listed on Euronext Dublin

Par value in EUR Coupon Payment date Maturity ISIN-NR.
500 million 1 1.75 % 15.09.2015 15.09.2025 XS1288894691(opens in new tab)
500 million 1.125% 12.04.2018 12.10.2026 XS1803247557(opens in new tab)
500 million 0.375% 14.05.2020 14.11.2028 XS2169243479(opens in new tab)
Par value in EUR 500 million 1
Coupon 1.75 %
Payment date 15.09.2015
Maturity 15.09.2025
ISIN-NR. XS1288894691(opens in new tab)
Par value in EUR 500 million
Coupon 1.125%
Payment date 12.04.2018
Maturity 12.10.2026
ISIN-NR. XS1803247557(opens in new tab)
Par value in EUR 500 million
Coupon 0.375%
Payment date 14.05.2020
Maturity 14.11.2028
ISIN-NR. XS2169243479(opens in new tab)

1 Hedged at the rate EUR/CHF 1.0919

The debenture bonds with expiries of 2025 and 2026 were issued by Lunar Funding V, an independent Irish multi-purpose vehicle, and are secured by a loan notes granted by Lunar V to Swisscom in the same amount. The debenture bond with an expiry of 2028 was issued by Swisscom Finance B.V., a wholly-owned subsidiary of Swisscom Ltd.

For legal reasons, Swisscom cannot offer the bond prospectus online. However, the prospectus can be downloaded from Euronext Dublin(opens in new tab).

Listed on Luxembourg Stock Exchange

Par value in EUR Coupon Payment date Maturity ISIN-NR.
500 million 3.50% 29.05.2024 29.05.2026 XS2827693446(opens in new tab)
500 million 3.50% 29.05.2024 29.08.2028 XS2827694170(opens in new tab)
1,250 million 3.50% 29.05.2024 29.11.2031 XS2827696035(opens in new tab)
1,000 million 3.625% 29.05.2024 29.11.2036 XS2827697272(opens in new tab)
750 million 3.875% 29.05.2024 29.05.2044 XS2827708145(opens in new tab)
Par value in EUR 500 million
Coupon 3.50%
Payment date 29.05.2024
Maturity 29.05.2026
ISIN-NR. XS2827693446(opens in new tab)
Par value in EUR 500 million
Coupon 3.50%
Payment date 29.05.2024
Maturity 29.08.2028
ISIN-NR. XS2827694170(opens in new tab)
Par value in EUR 1,250 million
Coupon 3.50%
Payment date 29.05.2024
Maturity 29.11.2031
ISIN-NR. XS2827696035(opens in new tab)
Par value in EUR 1,000 million
Coupon 3.625%
Payment date 29.05.2024
Maturity 29.11.2036
ISIN-NR. XS2827697272(opens in new tab)
Par value in EUR 750 million
Coupon 3.875%
Payment date 29.05.2024
Maturity 29.05.2044
ISIN-NR. XS2827708145(opens in new tab)

The debenture bonds are issued under the EMTN programme dated 13.05.2024. The base prospectus, corresponding supplements and the final terms of the bonds can be viewed via the links below.

Swisscom Green Bonds

Swisscom has been committed to sustainability for more than 20 years. Sustainable investment options are becoming increasingly important to both private and institutional investors. Swisscom has responded to this with its Green Bond Framework. Swisscom is planning to launch the issue of Green Bonds or comparable sustainable financing based on the Green Bond Principles of the International Capital Market Association (ICMA).

Green Bond Allocation Report 2023 (opens in new tab) Green Bond Independent Assurance Report 2023 (opens in new tab) Green Bond Impact Reporting 2023 (opens in new tab) Adverse Sustainability Indicators Reporting 2023 (opens in new tab) Green Bonds Framework (opens in new tab) Sustainalytics 2nd Party Opinion (opens in new tab)

More documents

Ratings

Independent ratings assess Swisscom’s corporate responsibility, standardised according to ESG criteria, and ensure that the environmental impact, social aspects and governance of our activity are transparent and comparable.

Net indebtedness as at 30.06.2024

In CHF millions

  30.06.2024 31.12.2023 Change
Bonds ${finanl0} ${finanl1} ${finanl2}
Bank loans ${finban0} ${finban1} ${finban2}
Private placements ${finpripla0} ${finpripla1} ${finpripla2}
Other financial liabilities ${finbrifinver0} ${finbrifinver1} ${finbrifinver2}
Finance lease liabilities ${finverausfin0} ${finverausfin1} ${finverausfin2}
Total financial liabilities ${fintotfinver0} ${fintotfinver1} ${fintotfinver2}
Cash and cash equivalents ${finflumit0} ${finflumit1} ${finflumit2}
Other financial assets ${finbrifin0} ${finbrifin1} ${finbrifin2}
Net debt ${finnet0} ${finnet1} ${finnet2}
  Bonds
30.06.2024 ${finanl0}
31.12.2023 ${finanl1}
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  Bank loans
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  Private placements
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  Other financial liabilities
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  Finance lease liabilities
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  Total financial liabilities
30.06.2024 ${fintotfinver0}
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  Cash and cash equivalents
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  Other financial assets
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  Net debt
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Swisscom is aware of the following banks that conduct studies on Swisscom's fixed-income securities. (Fixed Income Research). If you require further information please contact the relevant bank directly:
 
Bank Analyst Contact
Barclays Capital Ana Greco +44 207 773 6639
UBS Rochus Baumgartner +41 44 234 28 16
Zürcher Kantonalbank Holger Frisch +41 44 292 33 37