BMW celebrates a remarkable return to the Swiss Franc market with BNP Paribas
With BNP Paribas (Suisse) SA acting as Joint Lead Manager, BMW International Investment B.V., guaranteed by Bayerische Motoren Werke Aktiengesellschaft, marked a successful comeback to the Swiss franc market after five years of absence.
Overview of the Deal
The renowned German auto manufacturer, a valued and long-standing client of BNP Paribas, successfully raised CHF 500 million through a dual-tranche bond offering, underscoring strong investor demand for BMW’s well-established brand. The transaction generated substantial interest from the outset, leading to a healthy order book that enabled BMW to secure CHF 500 million, comprising a 4-year tranche of CHF 300 million and an 8-year tranche of CHF 200 million.
This transaction is not only a testament to BMW’s appeal in the Swiss market but also highlights the attractiveness of the Swiss franc market as a funding platform for international issuers. For BNP Paribas, this deal reaffirms our deep commitment to our clients and our unmatched expertise in navigating the Swiss financial landscape. Our consistent top-three ranking in this market reflects our dedication to driving impactful financial solutions and contributing to the growth of Switzerland’s capital markets.
We are delighted and honoured to have accompanied BMW in successfully returning to the Swiss franc market, and to have strengthened our relationship with one of the automotive industry’s most respected names.