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Sunrise Communications AG Class A ( (CH:SUNN) ) just unveiled an announcement.
Sunrise Communications AG has successfully negotiated a private placement of EUR 385 million in Senior Secured Notes and a USD 650 million term loan facility to refinance existing debts. These transactions extend the company’s debt maturity profile, with a significant portion of its debt now due in 2032, enhancing its financial stability and allowing it to continue accessing loan and bond markets for optimal pricing.
The most recent analyst rating on (CH:SUNN) stock is a Sell with a CHF36.00 price target. To see the full list of analyst forecasts on Sunrise Communications AG Class A stock, see the CH:SUNN Stock Forecast page.
More about Sunrise Communications AG Class A
Sunrise Communications AG is a leading telecommunications company in Switzerland, holding a strong position as the second-largest operator in the Swiss telecom market. It is listed on the SIX Swiss Exchange and offers a comprehensive range of services including mobile, landline, broadband, and TV services. Sunrise is known for its extensive landline network and high-quality mobile network, providing broad gigabit coverage across Switzerland. The company supports both private and business customers with integrated communication and ICT solutions, and it prides itself on a diverse workforce that contributes to its innovative and customer-focused approach.
YTD Price Performance: 29.17%
Average Trading Volume: 212,645
Technical Sentiment Signal: Strong Buy
Current Market Cap: CHF122M
For detailed information about SUNN stock, go to TipRanks’ Stock Analysis page.