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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Homburger advised Siegfried on its acquisition of a 95% stake in DiNAMIQS
Siegfried and DiNAQOR AG entered into an agreement relating to the acquisition by Siegfried of a 95% stake in DiNAQOR DiNAMIQS AG (DiNAMIQS), a Swiss-based biotechnology company focused on the development and manufacturing of viral vectors for cell and gene therapies. Siegfried will bring DiNAMIQS’ capabilities to commercial scale and establish DiNAMIQS as a best-in-class …
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Homburger advised Fluence in connection with the financing aspects of the acquisition of Nispera
Homburger acted as counsel to Fluence in connection with certain financing aspects of the acquisition of Nispera. Headquartered in Arlington, USA, Fluence is a global provider of energy storage products, services and digital applications for renewables and storage.
Homburger advises PHOENIX Pharma Switzerland on the closing of its joint venture with Voigt Group
After receiving clearance from the Swiss Competition Commission, PHOENIX Pharma Switzerland and the Voigt Group completed the transaction to establish avosano AG, a 50:50 joint venture on April 28, 2023. This closing marks the start of the joint future of Amedis-UE AG, Voigt AG Pharma Grosshandel and Voigt Industrie Service AG under the umbrella of avosano …
Homburger advised GTT Communications Inc. in connection with certain financing aspects
Homburger acted as counsel to GTT Communications Inc. in connection with a term loan credit agreement with Wilmington Savings Funds Society, FSB as administrative agent and an asset-based loan credit agreement with Wingspire Capital LLC as administrative agent.