Homburger advised Zürcher Kantonalbank on the issuance of its EUR 500 m Bail-in Bonds
On June 8, 2023, Zürcher Kantonalbank successfully completed its inaugural EUR Bail-in Bond issuance in the amount of EUR 500 m.
Homburger advised AtlasEdge on milestone sustainability-linked EUR 725 m loan facilities
Homburger acted as Swiss counsel to AtlasEdge, a leading pan-European Edge data centre provider, on a scalable EUR 725 m loan financing.
Homburger advised UBS AG on its issuance of CHF 460 m in aggregate principal amount of senior notes under its Euro Note Programme
On May 9, 2023, UBS AG, acting through its London branch, successfully completed its issuance of (i) CHF 310 m aggregate principal amount of 2.385 per cent.
Homburger represented Nestlé Nespresso S.A. on its successful defense against patent infringement claims directed against Nespresso’s Vertuo capsules
On May 11, 2023, the Swiss Federal Patent Court handed down a judgement confirming that Nespresso’s Vertuo coffee capsules do not infringe the patents EP 3 023 362, EP 3 521 207 and EP 3 521 209. The patent owner may appeal the judgement to the Swiss Federal Supreme Court.
Homburger advised on the rights offering of Luzerner Kantonalbank AG raising gross proceeds of CHF 489 m
On May 26, 2023, Luzerner Kantonalbank AG (SIX: LUKN) announced that it had successfully closed its rights offering, raising gross proceeds of CHF 489 m.
Homburger advises VectivBio with respect to the announced public cash tender offer from Ironwood Pharmaceuticals
On May 22, 2023, VectivBio Holding AG (Nasdaq: VECT), Basel (Switzerland), a clinical-stage biopharmaceutical company pioneering novel transformational treatments for severe rare gas-trointestinal conditions, and Ironwood Pharmaceuticals, Inc. (Nasdaq: IRWD), a GI-focused healthcare company, announced that they had entered into an agreement for Ironwood to launch an all-cash public tender offer to acquire all outstanding …
Homburger advised Meyer Burger Technology AG on the issuance of green senior unsecured guaranteed convertible bonds due 2029 in the amount of EUR 216.3 m
On May 17, 2023, Meyer Burger Technology AG (SIX: MBTN) (Meyer Burger) successfully issued green senior unsecured guaranteed convertible bonds due 2029 in the aggregate amount of EUR 216.3 m. The bonds were placed in a private placement with a coupon of 3.75% per annum. The bonds are issued by Meyer Burger’s subsidiary MBT Systems …
Homburger advised wefox in connection with a EUR 50 m revolving credit facility agreement and its USD 55 m Series D extension funding round
On May 17, 2023, the Berlin-based insurtech wefox announced that it has secured a EUR 50 m revolving credit facility arranged by J.P. Morgan Securities plc and Barclays Bank PLC, following a USD 55 m second close in its Series D that was completed earlier this year at a USD 4.5 bn valuation with investments …
Homburger advised Swarovski International Holding AG with regard to the extension of its revolving credit facility
Homburger acted as counsel to Swarovski International Holding AG in connection with the extension of its revolving credit facility, arranged by, amongst others, UBS Switzerland AG and Credit Suisse (Switzerland) Ltd.
Homburger advises banks on CABB group’s high yield bond and RCF refinancing
Homburger advised the initial purchasers and arrangers in connection with CABB group’s EUR 250 m senior secured floating rate notes and EUR 420 m 8.75% senior secured fixed rate notes due 2028 and a new EUR 110 m revolving credit facility. Homburger advised the initial purchasers with respect to all Swiss legal aspects of the …
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