17. financial liabilities

17. financial liabilities
CHF million	2014	2013
Non-current
CHF 250 million floating rate bond, 2014–2017	249.6	–
CHF 500 million 0.5% Bond, 2014–2020	498.9	–
CHF 250 million 1.0% Bond, 2014–2024	248.1	–
Loans	1.3	1.0

Current
Bank and other borrowings	18.3	6.0

Total borrowings	1,016.2	7.0

In September 2014 Lindt & Sprüngli Group placed bonds of CHF 1 billion in order to finance the acquisition of Russell Stover Candies, LLC. The bonds consist of the following three tranches:

CHF 250 million floating rate bond with a term of 3 years and a floating interest rate based on 3-month CHF LIBOR plus 0.18% per annum. The interests are paid quarterly, starting January 8, 2015;
CHF 500 million bond with a term of 6 years and a fixed coupon of 0.5% per annum. The interest payments will be due on an annual basis, starting October 8, 2015; and
CHF 250 million bond with a term of 10 years and a fixed coupon of 1.0% per annum. The interest payments will be due on an annual basis, starting October 8, 2015.

The carrying amounts of the Group's financial liabilities are denominated in the following currencies:

CHF million	2014	2013
CHF	996.6	–
EUR	9.9	6.6
USD	8.2	–
Other currencies	1.5	0.4
Total	1,016.2	7.0