Homburger

Homburger AG acted as special Swiss counsel to UniCredit Bank GmbH in its capacity as mandated lead arranger in connection with the USD 1.1 bn borrowing base credit facilities. The facility includes an increase option to a total of USD 1.4 bn. UniCredit and ING acted as joint bookrunners and mandated lead arrangers. Sixteen other international syndicate banks are involved in the financing, including Commerzbank, Deutsche Bank, DZ Bank, Helaba, HSBC, LBBW, MUFG, NordLB and Rabobank. As a global coffee wholesaler, Neumann will use the funds to refinance and consolidate its existing financing agreements and to finance the general trading activities of the Neumann Group. Neumann Gruppe GmbH, based in Hamburg, is the holding company of the Neumann Kaffee Group, which comprises more than 40 companies in 28 countries and employs more than 3,300 people worldwide. The Homburger team was led by Daniel Haeberli (Financing) and included Simone Gloor and Céline Rüegg (both Financing) as well as Stefan Oesterhelt (Tax).   Contact Wanda Schweda / Marketing / [email protected]

On December 2, 2025, Roche Holdings, Inc. successfully completed its issuance of USD 1.9 bn in aggregate principal amount of senior notes, consisting of USD 500 m 4.075% notes due 2030, USD 600 m 4.374% notes due 2032 and USD 800 m 4.666% notes due 2035. The notes are irrevocably and unconditionally guaranteed by Roche Holding Ltd. The Homburger team was led by Jürg Frick (Capital Markets) and included Lee Saladino and Daniel Hulmann (both Capital Markets) as well as Dieter Grünblatt (Tax). Contact Wanda Schweda / Marketing / [email protected]  

On November 10, 2025, (i) UBS Group AG successfully completed its all-cash tender offers with respect to five series of bail-inable (TLAC) bonds that were originally issued by Credit Suisse Group AG, and (ii) UBS AG, acting through its Stamford branch, successfully completed its all-cash tender offers with respect to two series of senior unsecured notes that were originally issued by Credit Suisse AG, acting through its New York branch. UBS Group AG accepted tenders with respect to four series of such bail-inable (TLAC) bonds in an aggregate principal amount of USD 5.55 bn, and UBS AG, acting through its Stamford branch, accepted tenders in respect of both series of senior unsecured notes in an aggregate principal amount of USD 2.12 bn. The TLAC bonds repurchased by UBS Group AG were eligible to count towards UBS Group AG’s Swiss gone-concern requirement, governed by Swiss law and admitted to trading and listed on the SIX Swiss Exchange, and the notes repurchased by UBS AG, acting through its Stamford branch, were SEC-registered, governed by the laws of the State of New York and not admitted to trading or listed on any regulated trading venue. Homburger advised UBS Group AG and UBS AG with respect to all regulatory and transactional aspects of Swiss law. The Homburger team was led by Benedikt Maurenbrecher and Stefan Kramer and included Olivier Baum and Lee Saladino (all Capital Markets), as well as Stefan Oesterhelt (Tax). Contact Wanda Schweda / Marketing / [email protected]

On November 20, 2025, Flexion Robotics, a Zurich-based technology company, announced that it had raised USD 50 million in Series A funding from DST Global Partners, NVentures (NVIDIA's venture capital arm), redalpine, Prosus Ventures, and Moonfire. This funding allows Flexion Robotics to expand the Zurich R&D team, scale compute and robot fleets, establish a U.S. presence, and accelerate commercialization of its autonomy stack. The company is already working with major OEM partners, with the ambition to scale these partnerships globally. Homburger advised NVentures. The Homburger team comprised Andreas Müller, Margrit Marti and Lucas Forrer (all Corporate / M&A) as well as specialists. Contact Gloria Pünchera / Marketing / [email protected]

On November 21, 2025, UBS AG, acting through its London branch, successfully completed its issuance of EUR 750 m in aggregate principal amount of Floating Rate Notes due 2027 under its Euro Note Programme. The Homburger team was led by Stefan Kramer and Benedikt Maurenbrecher (both Capital Markets) and included Lee Saladino and Daniel Hulmann (both Capital Markets) as well as Stefan Oesterhelt (Tax).   Contact Wanda Schweda / Marketing / [email protected]  

On November 18, 2025, UBS AG, acting through its Stamford branch, successfully completed its issuance of USD 750 m in aggregate principal amount of Floating Rate Senior Notes due 2027 under its medium-term notes program. The notes were offered and sold in reliance on (i) an exemption from registration provided by Section 3(a)(2) of the U.S. Securities Act of 1933, as amended, and (ii) Section 16.6 of Part 16 of the regulations of the Office of the Comptroller of the Currency. The Homburger team was led by Stefan Kramer and Benedikt Maurenbrecher (both Capital Markets) and included Lee Saladino and Daniel Hulmann (both Capital Markets) as well as Stefan Oesterhelt (Tax).

Homburger advised Grant Thornton Advisors in its strategic initiative to expand its multinational platform through the acquisitions of Grant Thornton Switzerland and Grant Thornton Liechtenstein. This transaction – together with other recent expansions – creates a team of more than 18,000 professionals in offices stretching from the Americas across Europe and the Middle East to the Asia Pacific region. The transaction was backed by an investor group led by New Mountain Capital. The Homburger team was led by partner Dieter Gericke (Corporate / M&A) and included partners Benjamin Leisinger (Financial Services), Balz Gross (Employment and Executive Compensation) and Richard Stäuber (Competition) as well as associates Thierry Burckhardt, Cédric Berger, Hans Glent Abildgaard, Simone Schmid, Viviane Egli and Leon Indov (all Corporate / M&A), Kimberly Amrein (Employment and Executive Compensation), Giulia Meier (Competition) and Fabrice Eckert (Financial Services). Contact Wanda Schweda / Marketing / [email protected]

On November 4, 2025, CDR-Life and Boehringer Ingelheim announced a new global licensing agreement to develop CDR-Life’s unique antibody-based molecule CDR111 for autoimmune diseases. The agreement builds on the companies’ successful collaboration on an investigational antibody fragment. Under the terms of the agreement, CDR-Life is eligible for up to a total of CHF 456 m in payments, including CHF 38 m in upfront and near-term payments, plus tiered royalties on future sales. Homburger acted as counsel to CDR-Life AG. The Homburger team was led by Luca Dal Molin (IP / IT) and included Richard Stäuber (Regulatory) and Joel Fink (IP / IT). Contact Wanda Schweda / Marketing / [email protected]

On November 6, 2025, UBS Group AG successfully completed its issuance of USD 2 bn Fixed Rate/Floating Rate Callable Senior Notes due November 2033, and USD 1.25 bn Fixed Rate/Floating Rate Callable Senior Notes due May 2047 under its Senior Debt Programme. The Notes are bail-inable (TLAC) bonds that are eligible to count towards UBS Group AG’s Swiss gone-concern requirement. The Notes are governed by Swiss law and the Notes have been provisionally admitted to trading, and application has been made for definitive admission to trading and listing of the Notes, on the SIX Swiss Exchange. Homburger advised UBS Group AG with respect to all regulatory and transactional aspects of Swiss law. The Homburger team was led by Stefan Kramer and Benedikt Maurenbrecher and included Lee Saladino, Daniel Hulmann and Olivier Baum (all Capital Markets), as well as Stefan Oesterhelt (Tax).

On October 8, 2025, Siegfried Holding AG successfully priced the offering of its CHF 300 m 1.3% bonds. Zürcher Kantonalbank and Commerzbank Aktiengesellschaft acted as managers. The bonds will be listed on the SIX Swiss Exchange. Homburger acted as counsel to Siegfried Holding AG. The Homburger team consisted of Benjamin Leisinger and Eduard De Zordi (both Capital Markets).   Contact Wanda Schweda / Marketing / [email protected]

On October 6, 2025, Sonova Holding AG issued CHF 150 m bonds. Zürcher Kantonalbank and Deutsche Bank AG Zurich Branch acted as managers. The bonds are listed on the SIX Swiss Exchange. Homburger acted as counsel to Sonova Holding AG. The Homburger team consisted of Jürg Frick and Eduard De Zordi (both Capital Markets). Contact Wanda Schweda / Marketing / [email protected]

Homburger acted as counsel to Metall Zug AG in respect of a new CHF 220 m syndicated, mortgage-backed revolving credit facility arranged by Zürcher Kantonalbank for the financing of investments in real estate developments on a former industrial site in Northern Zug, the so-called Tech Cluster Zug. Metall Zug AG is a holding company with a diversified portfolio of three directly controlled business units and strategic investments in Swiss small-cap industrial companies. Metall Zug is headquartered in Zug and employs around 1,000 people worldwide. Homburger advised Metall Zug AG with regard to all Swiss legal aspects of the financing transaction. The Homburger team was led by Stefan Bindschedler (Financing) and further included Claude Lambert (Corporate / M&A), Sarah Fasel (Financing) and Daniel Junginger (Financing, Real Estate) as well as Stefan Oesterhelt (Tax).   Contact Wanda Schweda / Marketing / [email protected]  

On October 22, 2025, Barnes Group Inc. announced that it has successfully separated into two companies, Barnes Aerospace and The Industrial Solutions Group, each with its own leadership team and capital structure. Barnes Aerospace is a premier provider for the full life-cycle supply and repair of complex aeroengine components from fan to exhaust. The Industrial Solutions Group is a leading manufacturer of highly engineered, high-quality precision products, systems, and solutions for critical applications. Homburger advised Barnes Group Inc. on the Swiss law aspects of the transaction. The Homburger team was led by Claude Lambert (Corporate / M&A) and included Daniel Bötticher, Eric Huber, Alessandro Samà and Carolina Rodríguez (all Corporate / M&A) as well as Reto Heuberger, Peter Müller and Philipp Stiegeler (all Tax).

On October 22, 2025, Marex Group plc, a diversified global financial services platform, announced that it had agreed to acquire Valcourt SA. Valcourt is a fixed-income market maker based in Geneva, Switzerland, specializing in fixed-income instruments such as high-yield, subordinated, emerging markets, private, illiquid, and sustainable debt. The acquisition will add 700 clients, ranging from banks, independent wealth managers and asset managers. The acquisition is expected to enhance Marex’s fixed-income business and bring a substantial distribution offering that serves the Swiss institutional community, in particular private banks, and wealth and asset management companies, consistent with Marex’s strategy to add new clients and new capabilities to its platform to diversify earnings. The deal is subject to regulatory approval and is expected to close in the first half of 2026. The Homburger team comprises Andreas Müller, Thierry Burckhardt (both Corporate / M&A), Benjamin Leisinger, Carla Bertossa (both Regulatory), and Philippe Gobet (Tax). Contact Wanda Schweda / Marketing / [email protected]  

On October 13, 2025, ADC Therapeutics SA (NYSE: ADCT), a commercial-stage biotechnology company headquartered in Switzerland, announced a USD 60 m private investment in public equity (“PIPE”) financing. In the PIPE, 11.3 m common shares and pre-funded warrants to purchase 3.8 m common shares were sold. The PIPE is led by TCGX and includes participation from Redmile Group and other existing investors. The Homburger team was led by Daniel Häusermann (Corporate / M&A, Capital Markets) and included Bianca Nedwed (Corporate / M&A, Capital Markets) as well as Stefan Oesterhelt (Tax). Contact Wanda Schweda / Marketing / [email protected]  

On October 8, 2025, ABB Ltd announced it has signed an agreement to divest its robotics division to SoftBank Group Corp. for an enterprise value of USD 5.375 bn. ABB’s robotics business is one of the world’s leading robotics suppliers with a global customer base and approximately 7,000 employees. The sale is subject to a carve-out through a multi-jurisdictional reorganization which will conclude prior to closing. Completion is also subject to the receipt of customary regulatory clearances. Homburger acts as Swiss counsel to ABB. The Homburger team includes Claude Lambert, Andreas Müller, Anna Peter, Estelle Piccard, Claudine Schär, Simone Schmid and Luca Ellenberger (all Corporate / M&A), Reto Heuberger, Peter Müller and Juliette Buob (all Tax) as well as Andri Hess and Noëmie Beck-Schär (both IP/IT). Contact Wanda Schweda / Marketing / [email protected]  

On October 13, 2025, Allwyn International AG and OPAP S.A. announced that their respective boards of directors have approved the business combination of Allwyn and OPAP through an all-share transaction that values the resulting entity at an equity value of EUR 16 bn. The Combined Company will be renamed Allwyn. It will remain listed on the Main Market of the Athens Stock Exchange and intends to pursue an additional listing on another leading international exchange such as London or in New York following closing. The transaction will bring together two leading gaming operators, creating the second largest listed gaming entertainment company globally, with multiple diverse, fast-growing and market-leading positions across Europe, the United States and other international markets. The Homburger team includes Anna Peter, Flavio Romerio and Bianca Nedwed (all Corporate / M&A). Contact Wanda Schweda / Marketing / [email protected]

On October 10, 2025, SIX-listed Idorsia Ltd announced the launch of an accelerated bookbuilding offering, which led to the successful placement of 16.4 m shares at an offer price of CHF 4.00 per offered share, raising aggregate gross proceeds of approximately CHF 65.6 m. The offering was conducted by way of (i) a placement to professional investors in Switzerland or in any other circumstances relying on an exemption from the obligation to publish a prospectus under the Swiss Financial Services Act, (ii) private placements in certain jurisdictions outside of Switzerland and the United States, and (iii) private placements within the United States to qualified institutional buyers in reliance on Rule 144A under the U.S. Securities Act. Idorsia Ltd intends to use the net proceeds from the offering to accelerate QUVIVIQ’s commercial trajectory, to advance its pipeline, to strengthen its balance sheet, and for general corporate purposes. J.P. Morgan and UBS are acting as Joint Bookrunners and Global Coordinators, and H.C. Wainwright & Co. is acting as Lead Manager in connection with the offering. The Homburger team was led by Frank Gerhard (Corporate / M&A) and included Lorenzo Togni (Capital Markets), Estelle Piccard, Lucas Forrer, Anina Preusker and Jannis Zafeirakos (all Corporate / M&A) as well as Stefan Oesterhelt (Tax). Contact Wanda Schweda / Marketing / [email protected]

On October 10, 2025, Danaher successfully completed its issuance of five tranches of CHF bonds in an aggregate principal amount of CHF 1.25 bn, consisting of (i) CHF 250 m in aggregate principal amount of 0.4773% Guaranteed Bonds due April 9, 2027, (ii) CHF 325 m in aggregate principal amount of 0.8875% Guaranteed Bonds due October 10, 2029, (iii) CHF 325 m in aggregate principal amount of 1.2650% Guaranteed Bonds due October 10, 2033, (iv) CHF 225 m in aggregate principal amount of 1.6249% Guaranteed Bonds due October 9, 2037, and (v) CHF 125 m in aggregate principal amount of 1.9400% Guaranteed Bonds due October 10, 2045. The bonds were issued by the Luxembourg finance subsidiary DH Switzerland Finance S.à r.l. and guaranteed by Danaher Corporation, the parent company of the Danaher group. The bonds are governed by Swiss law and have been provisionally admitted to trading, and application has been made for definitive admission to trading and listing of the bonds, on the SIX Swiss Exchange. BNP PARIBAS, Paris, Lancy/Geneva Branch, Commerzbank Aktiengesellschaft and Deutsche Bank Aktiengesellschaft, acting through Deutsche Bank AG Zurich Branch, acted as joint lead managers. Danaher was advised by Homburger as Swiss counsel, WilmerHale as U.S. counsel, and DLA Piper as Luxembourg counsel. The joint lead managers were advised by Schellenberg Wittmer as Swiss counsel. The Homburger team was co-led by Benjamin Leisinger and Lee Saladino (both Capital Markets) and included Olivier Baum and Yulia Shaburnykova (both Capital Markets), as well as Stefan Oesterhelt (Tax). Contact Wanda Schweda / Marketing / [email protected]

On September 29, 2025, UBS Group AG successfully completed its offering of AUD 1.25 bn in aggregate principal amount of 6.375 per cent. Tier 1 Capital Notes. The Notes are "high trigger" regulatory capital instruments that are eligible to fulfill UBS Group AG’s Swiss going concern requirements. Upon occurrence of a "Trigger Event" or a "Viability Event", the Notes will be converted into ordinary shares of UBS Group AG in accordance with their terms. The Notes are governed by Swiss law and have been admitted to trading and are listed on the SIX Swiss Exchange. The Homburger team was led by Benedikt Maurenbrecher and Stefan Kramer (both Capital Markets) and included Lee Saladino and Olivier Baum (both Capital Markets) as well as Stefan Oesterhelt (Tax).