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 2022

A Stable

Moody’s

Credit Opinion 2022

A2 Stable

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 2021(opens in new tab)Green Bond Independent Assurance Report 2021(opens in new tab)Green Bond Impact Reporting 2021(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)

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.

Financings as at 30.09.2022

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 EUR 200 million
2023
Bank loans USD 760 million
2022
Bank loans USD 112 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 EUR
Amount 200 million
Maturity 2023
Instrument Bank loans
Currency USD
Amount 760 million
Maturity 2022
Instrument Bank loans
Currency USD
Amount 112 million
Maturity 2028

Committed revolving credit facilities: CHF 1,200 million, maturity: 2027 / CHF 1'000 million, maturity 2027

SIX-listed bonds in the Swiss domestic capital market

Par value Coupon Payment date Maturity Security number
250 million 0.25% 17.04.2015 17.04.2023 26898817(opens in new tab)
500 million 1.75% 10.07.2012 10.07.2024 18833536(opens in new tab)
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 036274835(opens in new tab)
200 million 0.375% 15.12.2016 15.12.2027 034458378(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 043718093(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)
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)
100 million 0.245% 20.11.2020 20.11.2034 058029196(opens in new tab)
300 million 1.00% 17.04.2015 17.04.2035 26898818(opens in new tab)
125 million 0.00% 30.08.2019 30.08.2044 049473433(opens in new tab)
Par value 250 million
Coupon 0.25%
Payment date 17.04.2015
Maturity 17.04.2023
Security number 26898817(opens in new tab)
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 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)

* CHF 80 million increase

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

The prospectuses with the security numbers 26898817, 26898818, 31792166, 043718093 and 111245576 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 prospectus for Valor 058029196 is available from Deutsche Bank AG, Zurich Branch at dcm.operations@db.com(opens in new tab).

Euronext Dublin listed Eurobonds

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).

Net indebtedness as at 30.09.2022

In CHF millions

  30.09.2022 31.12.2021 Change
Bonds 4,850 5,564 -714
Bank loans 951 488 463
Private placements 321 151 170
Other financial liabilities 282 242 40
Total financial liabilities 6,404
6,445 -41
Cash and cash equivalents -158 -401 243
Listed debt instruments -302 -278 -24
Derivative financial instruments for financing -17 -19 2
Other current financial assets -151 -58 -93
Net debt, excluding leases 5,776 5,689 87
Finance lease liabilities 1,928 2,017 -89
Net debt 7,704 7,706 -2
  Bonds
30.09.2022 4,850
31.12.2021 5,564
Change -714
  Bank loans
30.09.2022 951
31.12.2021 488
Change 463
  Private placements
30.09.2022 321
31.12.2021 151
Change 170
  Other financial liabilities
30.09.2022 282
31.12.2021 242
Change 40
  Total financial liabilities
30.09.2022 6,404
31.12.2021 6,445
Change -41
  Cash and cash equivalents
30.09.2022 -158
31.12.2021 -401
Change 243
  Listed debt instruments
30.09.2022 -302
31.12.2021 -278
Change -24
  Derivative financial instruments for financing
30.09.2022 -17
31.12.2021 -19
Change 2
  Other current financial assets
30.09.2022 -151
31.12.2021 -58
Change -93
  Net debt, excluding leases
30.09.2022 5,776
31.12.2021 5,689
Change 87
  Finance lease liabilities
30.09.2022 1,928
31.12.2021 2,017
Change -89
  Net debt
30.09.2022 7,704
31.12.2021 7,706
Change -2
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