Homburger

In July 2024, Alchemy US Holdco 1, LLC renewed its credit financings and entered into a term loan credit agreement with HPS Investment Partners,

Homburger acts as counsel to SIX Group AG in connection with the contemplated acquisition of Aquis Exchange Plc, which was announced on November 11, 2024.

On October 30, 2024, Viseca Payment Services AG successfully completed its issuance of CHF 150 m 1.350 per cent. bonds due 2029.

The Kellenberger family has significantly reduced its shareholding in Calida Holding AG (the Company) in two transactions, a public buy-back offer and a direct repurchase.

Homburger acted as counsel to UBS Switzerland AG as mandated lead arranger, underwriter, agent,

On August 13, 2024, Elanco Animal Health Incorporated and Elanco US Inc. entered into an incremental assumption agreement to obtain an incremental term facility.

On October 25, 2024, Molecular Partners AG, a clinical-stage biotech company developing a new class of custom-built protein drugs known

On October 24, 2024, HANetf ETC Securities plc, an Irish public limited company successfully listed its The Royal Mint Responsibly Sourced Physical CHF Hedged Gold ETC Securities (RMCH),

Homburger acted as counsel to SMBC Group in its capacity as documentation agent in connection with an English law-governed JPY 42,000 m (around CHF 250 m)

On October 16, 2024, Liberty Global Ltd. (NASDAQ: LBTYA, LBTYB and LBTYK) and Sunrise Communications AG (Sunrise) announced the key dates of the spin-off of Sunrise from Liberty Global.

On October 7, 2024, MYT Netherlands Parent B.V. (Mytheresa) announced that it has entered into a definitive agreement with Compagnie Financière Richemont SA (Richemont) to acquire YOOX NET-A-PORTER (YNAP) in exchange for a 33% equity stake in Mytheresa.

The Hevolution Foundation and other investors provided additional funding in a Series A round totaling USD 30.7 m.

On October 24, 2024, Avolta AG announced that it concluded the refinancing of its revolving credit facility (RCF).

Homburger acted as counsel to Deutsche Bank AG, London Branch, in respect of a syndicated German law bridge financing for VARTA AG,

Following the successful offering and issuance of EUR 380 m 8.250% senior secured notes due 2028 and GBP 475 m 10.000% senior secured notes due 2028 by Pinnacle Bidco plc,

Central Group acquires the operational business of Magazine zum Globus, which operates luxury department stores in Switzerland. The business is acquired from the insolvent Signa group.

On October 1, 2024, Swiss Life Finance II AG successfully completed its issuance of EUR 500 m 4.241% callable subordinated capital securities 2024–2044 (the Bonds).

On September 23, 2024, UBS Switzerland AG successfully completed its issuance of EUR 1 bn Fixed Rate Covered Bonds due September 23, 2027 under its Covered Bond Programme.

Homburger advised TowerBrook Capital Partners, a London and New York-based investment company, on its acquisition of a majority stake of the IDAK Food Group.

On September 18, 2024, Sulzer AG successfully priced the offering of its CHF 250 m 1.7725% bonds.

On September 24, 2024, Homburger filed a request for revision with the Swiss Federal Supreme Court on behalf of U.S. Olympic gymnast Jordan Chiles requesting to lift an arbitral award by the Court of Arbitration for Sport (CAS).

On September 16, 2024, Homburger filed an application with the Swiss Federal Supreme Court on behalf of U.S. Olympic gymnast Jordan Chiles to set aside an arbitral award by the Court of Arbitration for Sport (CAS).

On September 4, 2024, Equinix, Inc., a globally leading digital infrastructure company, successfully completed its Swiss issuance of CHF 100 m 1.5575% Green Bonds due in 2029.

On September 10, 2024, UBS Group AG successfully completed its offering of USD 1.5 bn of 6.850 per cent. Tier 1 Capital Notes, which are redeemable at the option of UBS Group AG after five years.

On September 6, 2024, UBS Group AG successfully completed its issuance of USD 1.5 bn in aggregate principal amount of Fixed Rate/Fixed Rate Callable Senior Notes due September 2045 under its Senior Debt Programme.

On September 3, 2024, Sunshine SwissCo AG (a consortium led by EQT), the Abu Dhabi Investment Authority (ADIA) and Auba Investment Pte. Ltd.

On September 3, 2024, Raiffeisen Schweiz Genossenschaft successfully issued EUR 500 m 3.852 per cent.

On August 19, 2024, Genedata AG announced that it has been acquired by Danaher Corporation (NYSE: DHR), a leading global life science and diagnostic innovator.

Homburger acted as counsel to ARYZTA AG in its capacity as borrower in connection with its new Swiss law governed EUR 930 m multicurrency revolving credit facility,

On August 5, 2024, L'Oréal and Galderma announced the ac-quisition of a 10% stake in Galderma Group AG from Sun-shine SwissCo AG (a consortium led by EQT),

On August 1, 2024, Miller, the leading independent specialist (re)insurance broker, announced the acquisition of the Zug-based reinsurance capital advisory business 4809 Brokers AG.

Twelve Capital and Securis Investment Partners, two independent asset management specialists in Insurance-Linked Securities (ILS),

Homburger advises high-growth, global alternative asset manager Apollo Global Management, Inc. (Apollo; NYSE: APO) on the acquisition of The Travel Corporation (TTC), a leading international travel group.

On June 28, 2024, wefox Holding AG announced that it has secured EUR 25 m in fresh capital to support the ongoing restructuring efforts with further capital being realized through the continued sale of non-core assets.

On June 25, 2024, Neustark AG (neustark), a Switzerland-based carbon removal provider, announced that it has raised a USD 69 m in funding to expand carbon removal solution globally.

On July 10, 2024, AMAG Leasing successfully completed its issuance of CHF 100 m 1.700 per cent.

Swiss-based DALI DISCOUNT AG, a leading hard discounter in Southeast Asia, has received multiple equity financings as part of its Series C financing round and its previous financing round from Navegar,

On December 18, 2023, IBM announced that it has entered into a definitive agreement with Software AG, a company majority owned by Silver Lake,

On May 24, 2024, KPMG Switzerland and KPMG UK announced that their respective partnerships had voted overwhelmingly in favor of merging their partnerships,

On June 28, 2024, Aris Gold Corporation (TSX: ARIS) announced that it has closed the acquisition of an additional 31% interest in the Soto Norte project in Colombia,

On July 1, 2024, Meyer Burger Technology AG (SIX: MBTN) completed a reverse split of its shares in the ratio 750:1,

On June 24, 2024, UBS Group AG successfully completed its offering of SGD 500 m of 5.600 per cent.

On May 22, 2024, UBS Group AG successfully completed its issuance of CHF 335 m in aggregate principal amount of Fixed Rate/Fixed Rate Senior Notes due May 2030 under its Senior Debt Programme.

On May 28, 2024, UBS Switzerland AG successfully completed its issuance of Digital Covered Bonds under the program in an aggregate principal amount of CHF 150 m,

On May 21, 2024, UBS Switzerland AG successfully completed its issuance of Covered Bonds under the program in an aggregate principal amount of EUR 1.75 bn,

On June 18, 2024, Santhera Pharmaceuticals Holding AG (SIX: SANN) announced that it had entered into a royalty monetization financing totaling up to USD 38 m with R-Bridge, an affiliate of CBC Group,

On May 30, 2024, St.Galler Kantonalbank AG (SGKB) successfully issued CHF 200 m 2.4% Tier 2 bonds due 2034.

On June 13, 2024, Lotus Bakeries and Mondelēz International announced a strategic partnership to expand and grow the Lotus Biscoff® cookie brand in India and to create co-branded chocolate innovations in key markets.

On May 13, 2024, Apellis Pharmaceuticals completed Apellis group’s USD 475 m senior secured credit facilities financing.

On May 30, 2024, Aktiengesellschaft für die Neue Zürcher Zeitung (NZZ) announced the acquisition of a 25%-stake in APG SGA SA (APG|SGA) from the two anchor shareholders JCDecaux SE and Pargesa Asset Management S.A. for a total consideration of CHF 165 m.

On May 13, 2024, UBS Group AG successfully completed its issuance of USD 1.75 bn in aggregate principal amount of Fixed Rate/Fixed Rate Callable Senior Notes due September 2030 under its Senior Debt Programme.

On May 22, 2024, Swixx Biopharma, a Swiss-based global commercial platform dedicated to unlocking access to innovative medicines worldwide, announced its strategic expansion into Latin America by acquiring Laboratorios Biopas.

Homburger acted as counsel to Sonova AG in its capacity as borrower in connection with a Swiss law-governed CHF 400 m term and revolving credit facility agreement with UBS Switzerland AG as mandated lead arranger and agent for an international bank syndicate.

 Homburger acted as counsel to UBS Switzerland AG in its capacity as mandated lead arranger, bookrunner and agent in connection with BKW AG's new CHF 1 bn Swiss law governed revolving credit facility.

On May 8, 2024, ADC Therapeutics SA (NYSE:ADCT), a commercial-stage biotechnology company headquartered in Switzerland,

On May 3, 2024, Roche Finance Europe B.V. issued EUR 1.5 bn Bonds guaranteed by Roche Holding Ltd.

On April 18, 2024, Dufry One B.V. issued EUR 500 m Bonds guaranteed by Avolta AG and certain of its subsidiaries.

On March 27, 2024, Swiss special purpose issuance vehicle Xtrackers Digital Markets ETC AG simultaneously launched two series of crypto-linked Exchange Traded Products (ETPs) under its program for the issuance of cryptocurrency-focused ETPs for professional and retail investors in Europe.

On April 3, 2024, Meyer Burger Technology AG (SIX: MBTN) announced the successful completion of its rights offering, raising gross proceeds of CHF 206.75 m. Shares not subscribed by shareholders were placed with institutional investors at the prevailing market price.

On March 20, 2024, Stiftung PWG zur Erhaltung von preisgünstigen Wohn- und Gewerberäumen der Stadt Zürich (Stiftung PWG), successfully launched and priced its issuance of CHF 120 m total nominal amount of 1.55% Sustainability Bonds 2024-2032.

On March 12, 2024, Nestlé Capital Corporation successfully completed its issuance of USD 600 m 4.650% Notes due 2029, USD 450 m 4.750% Notes due 2031, USD 800 m 4.875% Notes due 2034, and USD 650 m 5.100% Notes due 2054.

On March 8, 2024, Roche Holdings, Inc. successfully completed its issuance of USD 3.875 bn in aggregate principal amount of senior notes,

Homburger advised Swiss Prime Site AG (SPS), the largest real estate company in Switzerland (SWX: SPSN), on the acquisition of Fundamenta Group's real estate division.

On March 13, 2024, Galderma Group AG (Galderma), the pure-play dermatology category leader, announced the launch of its Initial Public Offering (Offering) on the SIX Swiss Exchange.

On March 7, 2024, Thermo Fisher Scientific Inc. successfully completed its issuance of its inaugural CHF bonds in excess of CHF 1 bn, being the largest foreign Swiss franc bond issuance in seven years.

On March 5, 2024, Cadence Design Systems Inc. (Nasdaq: CDNS), a leading global EDA and Intelligent System Design provider,

On December 1, 2023, Springer Nature entered into a term and multicurrency revolving credit facilities agreement with a banking consortium led by Commerzbank Aktiengesellschaft,

Homburger acted as counsel to Landis+Gyr Group AG and Landis+Gyr AG in connection with a Swiss law governed USD 500 m term and revolving credit facilities agreement arranged by UBS Switzerland AG and syndicated among certain banks.

Homburger acted as counsel to a syndicate of international financial institutions led by HSBC Bank plc in connection with certain financing aspects of Prax Group's acquisition of OIL! Tankstellen GmbH.

On February 21, 2024, UBS Group AG successfully completed its offering of SGD 650 m of 5.750 per cent.

Homburger acted as Swiss counsel to ING Bank in its capacity as coordinator, bookrunner and mandated lead arranger,

On February 22, 2024, Vencora UK Limited (Vencora), an indirect subsidiary of Volaris Group Inc. and Constellation Software Inc. (CSI), a Canadian-based international provider of software and services (TSX: CSU),

On February 12, 2024, UBS Group AG successfully completed its offering of USD 1 bn of 7.750 per cent. AT1 Notes, which are redeemable at the option of UBS Group AG after seven years and two months.

Homburger advised Cerberus Capital Management LP on the acquisition and financing of a SEK 11.5 bn portfolio of loans acquired from Intrum.

On January 24, 2024, UBS Switzerland AG successfully completed its issuance of Covered Bonds under its covered bond program in an aggregate principal amount of CHF 450 m,

On January 9, 2024, UBS Group AG successfully completed its issuance of EUR 1.25 bn in aggregate principal amount of 4.125 per cent.

On January 8, 2024, UBS Group AG successfully completed its issuance of USD 1.75 bn in aggregate principal amount of Fixed Rate/Fixed Rate Callable Senior Notes due February 2030 and USD 2.25 bn in aggregate principal amount of Fixed Rate/Fixed Rate Callable Senior Notes due February 2035 under its Senior Debt Programme.

On January 11, 2024, ABB announced that it has acquired the Swiss-based startup Sevensense Robotics AG (Sevensense Robotics).

On November 29, 2023, Tencent Mobility Limited, a world leading internet and technology company,  completed its USD 100 m strategic equity investment in Global Blue Group Holding AG. Tencent invested in Global Blue’s common equity at a price of USD 5.50 per share.

On December 18, 2023, Global TIP Holdings Two B.V. as company and Global TIP Finance B.V. as borrower received an increased EUR term facility under its existing multicurrency credit facilities agreement with ABN AMRO Bank N.V. as agent and Coöperatieve Rabobank U.A. as security agent, which is guaranteed by, inter alia, PEMA Truck- und Trailervermietung GmbH.

In October 2023, AMAG Leasing updated and renewed its CHF 1.5 bn Auto Covered Bond Programme irrevocably guaranteed by AMAG Leasing Auto Covered Bond AG (the Programme).

On December 19, 2023, AC Immune SA, a Swiss clinical stage biopharmaceutical company pioneering in precision medicine for neurodegenerative diseases listed on the Nasdaq (Nasdaq: ACIU) completed an underwritten offering of 14.3 million of its common shares at a price of USD 3.50 per share.

On December 1, 2023 the Canton of Basel-Stadt issued CHF 105 m digital bonds. Basler Kantonalbank acted as lead manager. The digital bonds will be listed on SDX Trading AG.

On December 6, 2023, Müller Martini and Hunkeler, both global market leaders with innovative solutions for post-print paper processing, announced the combination of the two businesses.

On December 4, 2023, Roche Finance Europe B.V. issued EUR 1.5 bn Bonds guaranteed by Roche Holding Ltd.

On November 30, 2023, Wöhrle Group, headquartered in Wildberg, Germany, has announced that it had acquired Oskar Rüegg Holding AG, headquartered in Jona, Switzerland, and its subsidiaries (Switzerland / Bulgaria / Mexico).

On November 28, 2023, Givaudan Finance Europe B.V. issued EUR 500 m 4.125 per cent. Guaranteed Bonds due 2033. The bonds are guaranteed by the Swiss group parent company Givaudan SA.

Homburger acted as counsel to JPW Industries Holding Corporation in connection with the refinancing of its 9.000% senior secured notes due 2024 by entering into a new term loan and security agreement with Apollo Administrative Agency, LLC as administrative agent and the lenders party thereto.

Homburger acted as counsel to Commerzbank Aktiengesellschaft in respect of a syndicated corporate financing for Montana Aerospace.

On November 13, 2023, Roche Holdings, Inc. successfully completed its issuance of USD 5.5 bn in aggregate principal amount of senior notes,

On October 27, 2023, Alcon Inc. (SIX: ALC), a leading eye care product company, in its capacity as Borrower and Guarantor entered into a USD 1.32 bn revolving credit facilities agreement with,

Homburger acted as counsel to the lenders represented by RBC Europe Limited in connection with the accession of EBD Irradiation Services AG, a company of the Ionisos group, to certain English law governed financing agreements relating to the debt platform of 3i Investments plc and the entry into certain Swiss law governed security agreements.

Homburger acted as counsel to Elevate Textiles, 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 Bank of America, N.A. as administrative agent.

Homburger acted as counsel to UBS Switzerland AG in its capacity as mandated lead arranger,

Homburger advised Perfetti Van Melle, the owner of confectionary brands such as Chupa Chups and Mentos, on its USD 1.35 bn acquisition of Mondelez's developed-market gum business.

On September 13, 2023, UBS AG, acting through its London branch, launched offers to exchange (i) any and all of its outstanding USD 1 bn 1.250 per cent. Notes due June 2026 for a like principal amount of new 1.250% Notes due June 1, 2026 and (ii) any and all of its outstanding USD 1 bn 4.500 per cent.

On October 6, 2023, UBS published the Base Prospectus for the establishment of its CHF 20 bn program for the issuance of Covered Bonds issued by UBS Switzerland AG and guaranteed by UBS Hypotheken Schweiz AG.

On October 11, 2023, TEMENOS issued CHF 200 m bonds. Zürcher Kantonalbank, BNP Paribas (Suisse) SA and BZ Bank Aktiengesellschaft acted as managers.

Homburger advised PureGym on its offering of EUR 380 m and GBP 475 m senior secured notes due 2028 and its new GBP 175.5 m credit facility.

On August 18, 2023, Alchemy US Holdco 1, LLC received an incremental USD term facility as a borrower under its existing credit arrangement with Wilmington Trust, National Association as administrative agent and collateral agent, which is guaranteed by, inter alia, Alchemy Transatlantic-S GmbH.

On September 20, 2023, Embotelladora Andina S.A. issued CHF 170 m Bonds.

On September 20, 2023, TOLREMO therapeutics AG announced that it has completed its Series A financing,

On October 5, 2023, DKSH Holding Ltd (SIX: DKSH), a leading Market Expansion Services provider and trusted partner for companies looking to grow in Asia and beyond,

On September 12, 2023, AustralianSuper Pty Ltd. (AustralianSuper) announced the signing of a EUR 1.5 bn deal with DigitalBridge Group to acquire a significant minority stake in Vantage Data Centers Europe, Middle East and Africa (Vantage EMEA). AustralianSuper will join DigitalBridge as key shareholder in Vantage EMEA, one of the fastest growing hyperscale data center platforms in the region. The deal will support Vantage EMEA’s ambitious growth plans and enable the expansion and development of hyperscale data centers across EMEA to meet the growing demand from global big data and cloud computing companies. Homburger AG acted as Swiss legal counsel to AustralianSuper on this transaction. The Homburger team was led by Dieter Gericke (Corporate / M&A) and included Claudine Schär and Giulia Meier (both Corporate / M&A), Stefan Gäumann and Dominique Burà (both Real Estate) and Stefan Bindschedler (Financing and Investment Products). Herbert Smith Freehills acted as lead counsel to AustralianSuper.  

Homburger acted as counsel to ARYZTA AG in its capacity as borrower in connection with its CHF 71.8 m and EUR 60 m senior term facilities, coordinated by Coöperatieve Rabobank U.A.

On October 2, 2023, PolyPeptide announced the signing of a EUR 111 m three-year revolving credit facility with an uncommitted increase option of EUR 40 m,

On September 28, 2023, Raiffeisen Schweiz Genossenschaft successfully completed its Bond issuance in the amount of CHF 100 m.

On September 22, 2023, UBS Group AG successfully completed its issuance of USD 1.25 bn in aggregate principal amount of Fixed Rate/Fixed Rate Callable Senior Notes due December 2027,

On September 11, 2023, UBS AG, acting through its London branch, successfully completed its issuance of (i) USD 1 bn aggregate principal amount of 5.800 per cent.

On September 12, 2023, Equinix, Inc., a globally leading digital infrastructure company, successfully completed its inaugural Swiss issuance of CHF 300 m 2.875% bonds due in 2028. The Bonds were issued by Equinix Europe 1 Financing Corporation LLC and are fully guaranteed by Equinix, Inc. The offering of the Bonds was done by reliance on Regulation S under the U.S. Securities Act.

On September 12, 2023, Nestlé Holdings, Inc. successfully completed its issuance of USD 500 m 5.000% Notes due 2028, USD 500 m 5.000% Notes due 2030, and USD 500 m 5.000% Notes due 2033. The Notes are guaranteed by the Nestlé group's Swiss parent company Nestlé S.A. The offering of the Notes was done in reliance on Rule 144A and Regulation S under the U.S. Securities Act. Homburger advised Nestlé on all Swiss law aspects of the transaction. The Homburger team was led by Lee Saladino (Capital Markets), and included Daniel Daeniker (Corporate / M&A), Sofiya Shavlak (Capital Markets), and Dieter Grünblatt (Tax). Contact Nanding Susso / Marketing / [email protected]

Homburger acted as counsel to UBS Switzerland AG in its capacity as mandated lead arranger, original lender and agent in connection with HIAG Group's CHF 500 m sustainability-linked credit facility.

On August 22, 2023, Novartis (SIX: NOVN) announced that it had agreed to transfer its real estate and certain infrastructure-related assets and services pertaining to the Life Science Park Rhine Valley in Stein,

On August 9, 2023, Glarner Kantonalbank successfully completed its Bond issuance in the amount of CHF 110 m, traded on the SIX Swiss Exchange. Raiffeisen Schweiz Genossenschaft acted as Joint Lead Manager.

On August 3, 2023, Crown Holdings, Inc., a leading global supplier of rigid packaging products to consumer marketing companies,

On July 31, 2023, Atlas Agro Holding AG announced the investment of up to USD 325 m by Macquarie Asset Management in Atlas Agro and affiliated project entities via the Macquarie GIG Energy Transition Solutions fund.

Toyota Motor Finance (Netherlands) B.V. issued CHF 500 m Bonds. Commerzbank Aktiengesellschaft acted as lead manager, together with BNP Paribas (Suisse) SA. The Bonds will be listed on the SIX Swiss Exchange.

On July 21, 2023, Matterhorn Telecom S.A., the parent company of Salt Mobile SA, issued CHF 100 m 5.250% Senior Secured Notes due 2028 guaranteed by Matterhorn Telecom Holding S.A. and Salt Mobile SA. Goldman Sachs International acted as Global Coordinator and Sole Bookrunner.

On June 29, 2023, GAM Holding AG announced the sale of its third party fund services ("FMS Businesses") in Luxembourg and Switzerland to Carne Group ("the Transactions").

On June 29, 2023, the sale of a majority shareholding in Flisom AG has been successfully completed. Qubit Investments Pte Ltd,

On July 3, 2023, Santhera Pharmaceuticals Holding AG (SIX: SANN) completed a 10:1 reverse split of its shares,

On June 29, 2023, Migros, a cooperative union active in the retail space and Switzerland's largest employer,

As part of a strategic reorganization, the American cotton manufacturer U.S. Cotton, LLC, has sold the Flawil-based producer of absorbent cotton and other products, FLAWA Consumer GmbH, to members of its management.

On June 26, 2023, Evolva Holding SA announced that it had entered into a new agreement with Nice & Green SA (N&G) to replace an existing an equity-linked debt instrument issued by Evolva consisting of convertible notes issued in several tranches to be drawn against issuance of convertible notes.

On June 20, 2023, Santhera Pharmaceuticals Holding AG (SIX: SANN) announced the grant of an exclusive North America license for vamorolone to Catalyst Pharmaceuticals,

On June 13, 2023, Bunge Limited (NYSE: BG) («Bunge») announced it has entered into a definitive agreement with Viterra Limited,

On June 8, 2023, Zürcher Kantonalbank successfully completed its inaugural EUR Bail-in Bond issuance in the amount of EUR 500 m.

Homburger acted as Swiss counsel to AtlasEdge, a leading pan-European Edge data centre provider, on a scalable EUR 725 m loan financing.

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.

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.

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.

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 shares in VectivBio for USD 17 per share, with an estimated aggregate consideration of approximately USD 1 bn, net of VectivBio cash and debt.

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 GmbH and guaranteed by Meyer Burger.

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 from existing and new investors, including Squarepoint Capital.

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 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 transaction.

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 biotech CDMO for cell and gene therapies. Through this acquisition, Siegfried further expands its footprint in the biologics space and will create significant mid to long-term growth opportunities in a very dynamic market segment.

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.

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 AG.

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.

On May 4, 2023, GAM Holding AG (GAM) announced that it had entered into an agreement with Liontrust Asset Management plc (Liontrust) relating to the launch by Liontrust of a public exchange offer for all publicly held shares in GAM.

On May 3, 2023, Raiffeisen Schweiz Genossenschaft, a Swiss systemically relevant bank, successfully completed its issuance of EUR 500 m of 4.840 per cent.

On April 20, 2023, Scaled Agile Inc., a portfolio company of Eurazeo SE (Euronext Paris: RF), one of Europe's leading private equity firms, announced its acquisition of Rentouch, a Swiss-based company specializing in software for visualizing agile planning events across multiple agile teams with SAFe®. This acquisition aims to accelerate Scaled Agile's goal to redefine the way the world's leading organizations identify and deliver customer value, capitalize on emerging opportunities, and improve business outcomes through integrated solutions that help teams unlock better ways of working.

On April 19, 2023, Valaris Limited and its wholly-owned subsidiary, Valaris Finance Company LLC, closed the private placement of USD 700 m 8.375% senior secured second lien notes due 2030 and a senior secured first lien five-year credit agreement providing for commitments of up to USD 375 m. Valaris Limited is the industry leader in offshore drilling services across all water depths and geographies.

AEQUITA entered into an agreement to acquire the Swiss Glassolutions business from Saint-Gobain. The acquisition that is expected to close in May 2023 will further strengthen AEQUITA's specialty glass division vandaglas.

Homburger acted as counsel to Zürcher Kantonalbank in its capacity as mandated lead arranger in connection with Comet Holding AG's new CHF 60 m multicurrency revolving credit facility. Comet is a globally leading Swiss technology company in the plasma control and x-ray space. Comet employs over 1,700 people worldwide.

On April 5, 2023, allosteric modulation company Addex Therapeutics Ltd in Plan-les-Ouates, Geneva (SIX: ADXN) announced that it has completed an equity financing transaction with a healthcare-focused institutional investor, pursuant to which Addex agreed to sell 7,999,998 shares in the form of 1,333,333 American Depositary Shares («ADSs») at a gross purchase price of USD 0.95 per ADS, which is equivalent to CHF 0.145 per share. Each ADS represents six shares. Additionally, Addex has issued to the investor ordinary warrants to purchase up to 5,263,158 ADSs, as well as pre-funded warrants to purchase up to 3,929,825 ADSs in a concurrent private placement.

On April 5, 2023, Zürcher Kantonalbank priced its inaugural CHF 425 m Bail-in Bond issuance. ZKB's Bail-in Bonds are novel instruments which have been designed and issued on the basis of a new legal framework allowing Cantonal Banks to issue Total-Loss-Absorbing-Capacity (TLAC) Bonds. In the event that FINMA orders the partial or complete reduction of the bondholders' claims under the Bail-in Bonds the bondholders are entitled to receive a Recovery Certificate. Such Recovery Certificate includes claims, subject to multiple conditions precedent, for subsequent future compensation payments for the full or partial reduction of the bondholders' claims under the Bail-in Bonds.

On March 30, 2023, Implenia AG (SIX: IMPN), Switzerland's leading real estate and construction service provider, announced that it had agreed to purchase Wincasa AG for CHF 171.6 m from Swiss Prime Site AG (SIX: SPSN). Wincasa is the leading Swiss real estate service provider with more than 250,000 managed properties, CHF 81 bn in assets under management and 1,350 employees (FTE). The closing of the transaction is planned for the second quarter of 2023, subject to regulatory approvals.

On March 31, 2023, Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), a global out-of-home advertising company, announced that it has completed the sale of its business in Switzerland to Goldbach Group AG, an affiliate of TX Group AG, for CHF 86.0 m.

On March 8, 2023, Solenis announced that it has entered into a definitive merger agreement under which Solenis will acquire Diversey in an all-cash transaction valued at an enterprise value of approximately USD 4.6 bn. Upon completion of the merger, Diversey will become a private company. Headquartered in Wilmington, Delaware, Solenis is a leading manufacturer of specialty chemicals used in water-intensive industries, which was acquired by Platinum Equity in 2021. Diversey is a leading provider of hygiene, infection prevention and cleaning solutions based in Fort Mill, South Carolina. The transaction is expected to be completed in the second half of 2023, subject to customary closing conditions. Homburger acts as Swiss transaction counsel to Solenis. The Homburger team includes Andreas Müller, Karin Mattle and Pepe Hünerwadel (all Corporate / M&A), Kristina Martinovic (Employment and Executive Compensation) as well as Gregor Bühler and Hélène Bruderer (both IP / IT). Contact Nanding Susso / Marketing / [email protected] March 30, 2023

Homburger acted as counsel to Zürcher Kantonalbank as mandated lead arranger, agent, security agent and original lender as well as Credit Suisse (Switzerland) Ltd. and Migros Bank AG as mandated lead arrangers and original lenders in connection with the financing of the acquisition of Norline AG by private equity firm Argos Wityu. Norline AG is a leading provider of outsourcing services in the heating, ventilation, air conditioning and plumbing sector in Switzerland.

On March 14, 2023, Nestlé Holdings, Inc. successfully completed its issuance of USD 1 bn 5.250% Notes due 2026, USD 850 m 5.000% Notes due 2028, USD 500 m 4.950% Notes due 2030, and USD 650 m 4.850% Notes due 2033. The Notes are guaranteed by the Nestlé group's Swiss parent company Nestlé S.A. The offering of the Notes was done in reliance on Rule 144A and Regulation S under the U.S. Securities Act.

On March 19, 2023, Credit Suisse announced that Credit Suisse and UBS have entered into a merger agreement following the intervention of the Swiss Federal Department of Finance, the Swiss National Bank and the Swiss Financial Market Supervisory Authority FINMA. UBS will be the surviving entity upon closing of the merger transaction. Homburger advised Credit Suisse on boardroom matters, contingency planning, transactional options, bank regulatory and corporate law aspects in connection with the various measures to support its liquidity situation and the merger of Credit Suisse with UBS.

On February 27, 2023, Roche Finance Europe B.V. issued EUR 1.25 bn Bonds guaranteed by Roche Holding Ltd.

On February 28, 2023, Santhera Pharmaceuticals Holding AG (SIX: SANN) announced a private placement of shares and an amendment of its existing financing with funds managed by Highbridge Capital Management, LLC, to provide up to CHF 22.2 m in aggregate, subject to certain milestones and conditions. In addition, Santhera issued 40 m shares in an ordinary capital increase, 37 m of which will be held in treasury for the time being.

On March 7, 2023, Noema Pharma AG announced that it has successfully closed an oversubscribed Series B financing round, raising CHF 103 m (approx. USD 112 m) from new and existing investors. The round was co-led by the European healthcare focused investment firms Forbion and Jeito Capital. UPMC Enterprises and an additional new investor joined existing investors Sofinnova Partners, Polaris Partners, Gilde Healthcare and Invus to complete the round.

On February 14, 2023 Canacol Energy Ltd. entered into a USD 200 m revolving credit and guaranty agreement with Citigroup Global Markets Inc., Deutsche Bank AG and JPMorgan Chase Bank, N.A. as joint lead arrangers and joint bookrunners.

On February 17, 2023, the controlling shareholder of Reuge SA, the renowned music box producer, successfully completed the sale of a majority stake in the Reuge manufacture to the Swiss luxury watchmaker De Bethune SA.

On February 2, 2023, ADC Therapeutics SA (NYSE:ADCT), a commercial-stage biotechnology company headquartered in Switzerland, announced the pricing of an underwritten offering of 12 m ADCT shares owned by an affiliate of Auven Therapeutics, at a price of USD 5.00 per share. ADCT itself did not sell any shares in the offering.

On February 16, 2023, Affective Advisory and the Farner group, a portfolio company of Waterland Private Equity, announced to join forces and to expand the agency alliance «Team Farner».

On February 3, 2023, Dufry AG (SIX: DUFN) announced that it successfully closed the transfer of the 50.3% stake in Autogrill S.p.A (XMIL: AGL) held by Edizione S.p.A (through a wholly owned subsidiary) to Dufry.

On January 12, 2023, UBS Group AG successfully completed its issuance of USD 1.75 bn in aggregate principal amount of Fixed Rate/Fixed Rate Callable Senior Notes due January 2027 and USD 2.25 bn in aggregate principal amount of Fixed Rate/Fixed Rate Callable Senior Notes due January 2034 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.

On January 19, 2023, the Finnish private equity firm Juuri Partners Oy has announced its investment in DAF Group Oy, which is responsible for managing Subway’s business in Finland and Sweden through a long-term development agreement. Through the investment, DAF Group will expand its operations in Finland and Sweden, intending to strengthen its restaurant network and invest in its current restaurants’ digitalization and improved guest experience.

On January 11, 2023, UBS Group AG successfully completed its issuance of EUR 1 bn in aggregate principal amount of 4.375 per cent. Fixed Rate/Fixed Rate Callable Senior Notes due January 2031 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.

On January 3, 2023, Tiedemann Group, Alvarium Investments Limited and special purpose acquisition company Cartesian Growth Corporation (NASDAQ: GLBL) announced that they have completed their previously announced business combination. The combined company now operates as Alvarium Tiedemann Holdings, Inc. (NASDAQ: ALTI).

On January 5, 2023, BioVersys AG, a privately held clinical stage, multi-asset Swiss pharmaceutical company focusing on research and development of therapies for life-threatening multidrug-resistant bacterial infections and targeted microbiome modulation, announced that the AMR Action Fund has joined existing investors of BioVersys, extending the total proceeds of the Series C round to CHF 32.6 m. BioVersys represents the first European-based investment of the AMR Action Fund.

On January 10, 2023, Credit Suisse AG successfully completed its issuance of GBP 500 m aggregate principal amount of 7.750 per cent. senior notes due 2026. The Notes were issued under Credit Suisse AG's Euro Medium Term Note Programme.

On January 9, 2023, Credit Suisse AG successfully completed its registered offering of USD 3.75 bn aggregate principal amount of senior notes. The offering consisted of USD 1.25 bn aggregate principal amount of 7.950% senior notes due 2025 and USD 2.5 bn aggregate principal amount of 7.500 per cent. due 2028. The notes were issued under Credit Suisse AG's U.S. medium-term note program and pursuant to its shelf registration statement on file with the U.S. Securities and Exchange Commission.

On December 19, 2022, Perfetti Van Melle and Mondelez International announced that they have entered into a definitive agreement regarding the sale and purchase of Mondelez's developed-market gum business in the United States, Canada and Europe. The transaction, which is subject to customary closing conditions, is expected to close in Q4 2023.

Homburger acted as counsel to UBS Switzerland AG in its capacity as arranger, coordinator, original lender and agent in connection with VAT Group AG's CHF 450 m credit facilities. VAT is the world's leading developer, manufacturer and supplier of high-end vacuum valves.

Homburger acted as counsel to SI Group in connection with its USD 100 m securitization facility with PNC Bank, National Association. SI Group is a global leader in the innovative technology of performance additives, process solutions, active pharmaceutical ingredients, and chemical intermediates.

On December 30, 2022, DKSH Holding Ltd (SIX: DKSH) announced that DKSH Holding Ltd and Mr. Pascal Raffy, owner of 75% of the share capital of Bovet Fleurier SA, have agreed on the sale of DKSH Holding Ltd's 25% stake in Bovet Fleurier SA to Mr. Pascal Raffy.

On December 16, 2022, OC Oerlikon Corporation AG, Pfäffikon (SIX: OERL), a global innovation powerhouse for surface engineering, polymer processing and additive manufacturing, announced that it has signed a definitive agreement to acquire Riri, a leading provider of coated metal accessories for the luxury fashion industry.

On December 22, 2022, Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), a global out-of-home advertising company, announced that it has entered into a definitive agreement to sell its Swiss business to Goldbach Group AG, an affiliate of TX Group AG, for CHF 86.0 m.

On December 13, 2022, Tandem Diabetes Care, Inc. (NASDAQ: TNDM), a global insulin delivery and diabetes technology company, announced that it has entered into a definitive agreement to acquire AMF Medical SA, the privately held Swiss developer of the Sigi™ Patch Pump, an insulin delivery solution.

On October 11, 2022, 21Shares AG (21Shares), the world's largest issuer of cryptocurrency exchange traded products, launched a first-of-its-kind public cash tender offer for all out-standing exchange traded products of the series 21Shares Terra Classic ETP issued by 21Shares under its Exchange Traded Products Programme.

On December 7, 2022, Credit Suisse (Switzerland) Ltd. issued an aggregate of EUR 750 m of covered bonds. The new series, EUR 750 m Fixed-Rate Covered Bonds due 2026, has been Credit Suisse (Switzerland) Ltd.’s inaugural EUR covered bonds issuance. The covered bonds were issued under its Swiss Covered Bonds Programme and will be listed on the SIX Swiss Exchange.