Commentary & Deal Flow

Sika Capital B.V. on behalf of Sika AG (ticker: "SIKASW", country: Switzerland), rated A- by S&P, has mandated Citigroup as Sole Global Coordinator and BofA Securities, Citigroup and UBS Investment Bank as Active Bookrunners to arrange a series of fixed-income investor calls on Monday 17th and Tuesday 18th of August 2026. A NetRoadshow presentation (including voiceover) will be made available. Citigroup is coordinating logistics.

A dual-tranche €500mn WNG 30NC5.75 & €500mn WNG 30NC8.75 Reg S Hybrid bond offering may follow, subject to market conditions. The notes, if issued, are expected to be rated BBB by S&P. The net proceeds of the potential bond offering will be used for General Corporate Purposes of the Sika Group including (re)financing of bolt-on acquisitions and existing financial indebtedness.