DocMorris Completes CHF 49.6 Million Convertible Bonds Offering

DocMorris AG has announced the successful completion of its CHF 49.6 million convertible bonds offering, set to mature in 2028. Issued by DocMorris Finance B.V., these bonds are senior unsecured, guaranteed by DocMorris AG, and convertible into newly issued or existing shares. The company aims to use the proceeds for an early buyback of its CHF 87.6 million convertible bonds due in 2026 and general corporate purposes outside Switzerland.

The tender offer period for the buyback will begin on 6 November 2025 and conclude on 12 November 2025. Unit denominations are CHF 200,000, with a 3.00% annual coupon rate and a conversion price of CHF 6.54. Interim placements were carried out for those hedging market risks through a Concurrent Delta Placement.