News and developments
Autoneum launches its rights offering targeting net proceeds of approximately CHF 100m
Niederer Kraft Frey acted as counsel to Autoneum Holding AG in its rights offering launched on 14 September 2023. The targeted net proceeds from the offering of CHF 100 million will be used to partially repay the CHF 150 million bridge loan which Autoneum entered into to provide initial financing for the acquisition of Borgers’ automotive business.
The NKF team is led by Capital Markets partners Philippe Weber and Deirdre Ní Annracháin, working with senior associate Samuel Hochstrasser (Corporate/M&A) and associate Thiago Freixo Claro (Capital Markets).