Niederer Kraft Frey advised Alpiq Holding AG on a revolving credit facilities agreement with an international syndicate of banks as lenders and a revolving loan facility agreement with a syndicate of Swiss banks as lenders. UBS Switzerland AG acted as mandated lead arranger and sole bookrunner in relation to such financings. The credit facilities made available have an aggregate volume of CHF 3.6 billion.

Alpiq is a leading Swiss electricity producer, energy trader and energy service provider active throughout Europe. The two new credit agreements focus on securing, among others, the group’s liquidity needs.

The NKF team was led by the partners Adrian Koller and Andrea Giger, working with associate Alexander Züger (all M&A/Finance) and partner Markus Kronauer (Tax).