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Straumann Raises CHF 250 Million Through Successful Bond Issuance

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Straumann Raises CHF 250 Million Through Successful Bond Issuance

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Straumann Holding AG ( (CH:STMN) ) just unveiled an announcement.

Straumann Holding AG has successfully raised CHF 250 million through a three-year bond issuance, with the proceeds intended for refinancing an existing bond and general corporate purposes. This strategic financial move, supported by UBS AG and Zürcher Kantonalbank, is expected to bolster Straumann’s operational capabilities and maintain its strong market position in the dental solutions industry.

The most recent analyst rating on (CH:STMN) stock is a Hold with a CHF113.00 price target. To see the full list of analyst forecasts on Straumann Holding AG stock, see the CH:STMN Stock Forecast page.

More about Straumann Holding AG

The Straumann Group is a global leader in dental replacement and orthodontic solutions, known for its excellence, innovation, and quality. The company offers a wide range of products including dental implants, orthodontic aligners, and digital solutions for dental correction and restoration. Headquartered in Basel, Switzerland, Straumann operates in over 100 countries and employs around 12,000 people worldwide.

Average Trading Volume: 315,217

Technical Sentiment Signal: Sell

Current Market Cap: CHF15.14B

Find detailed analytics on STMN stock on TipRanks’ Stock Analysis page.

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