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.
Corporate Credit Rating 2023
A Positive
Credit Opinion 2023
A1 Stable
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 2022(opens in new tab) Green Bond Independent Assurance Report 2022(opens in new tab)Green Bond Impact Reporting 2022(opens in new tab) Green Bond Investor Presentation 2021(opens in new tab)Green Bonds Framework(opens in new tab) Sustainalytics 2nd Party Opinion(opens in new tab)
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.
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 | 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 | CHF |
| Amount | 150 million |
| Maturity | 2023 |
| Instrument | Bank loans |
|---|---|
| Currency | EUR |
| Amount | 27 million |
| Maturity | 2023 |
| Instrument | Bank loans |
|---|---|
| Currency | USD |
| Amount | 300 million |
| Maturity | 2023 |
| Instrument | Bank loans |
|---|---|
| Currency | USD |
| Amount | 114 million |
| Maturity | 2028 |
| Par value | 500 million |
|---|---|
| Coupon | 1.75% |
| Payment date | 10.07.2012 |
| Maturity | 10.07.2024 |
| Security number | 18833536(opens in new tab) |
| 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 | 036274835(opens in new tab) |
| Par value | 200 million |
|---|---|
| Coupon | 0.375% |
| Payment date | 15.12.2016 |
| Maturity | 15.12.2027 |
| Security number | 034458378(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 | 043718093(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 | 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 | 100 million |
|---|---|
| Coupon | 0.245% |
| Payment date | 20.11.2020 |
| Maturity | 20.11.2034 |
| Security number | 058029196(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 | 125 million |
|---|---|
| Coupon | 0.00% |
| Payment date | 30.08.2019 |
| Maturity | 30.08.2044 |
| Security number | 049473433(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 18833536, 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 and 125475190 are available from Deutsche Bank AG, Zurich Branch at dcm.operations@db.com(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).
In CHF millions
| Bonds | |
| 30.09.2023 | 4,825 |
| 31.12.2022 | 4,886 |
| Change | -61 |
| Bank loans | |
| 30.09.2023 | 721 |
| 31.12.2022 | 512 |
| Change | 209 |
| Private placements | |
| 30.09.2023 | 321 |
| 31.12.2022 | 322 |
| Change | -1 |
| Other financial liabilities | |
| 30.09.2023 | 280 |
| 31.12.2022 | 282 |
| Change | -2 |
| Finance lease liabilities | |
| 30.09.2023 | 1,898 |
| 31.12.2022 | 1,911 |
| Change | -13 |
| Total financial liabilities | |
| 30.09.2023 | 8,045 |
| 31.12.2022 | 7,913 |
| Change | 132 |
| Cash and cash equivalents | |
| 30.09.2023 | -127 |
| 31.12.2022 | -121 |
| Change | -6 |
| Other financial assets | |
| 30.09.2023 | -411 |
| 31.12.2022 | -418 |
| Change | 7 |
| Net debt | |
| 30.09.2023 | 7,507 |
| 31.12.2022 | 7,374 |
| Change | 133 |
| 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 |