Advestra in the placement of Mey­er Bur­ger EUR 145 m bonds

Mey­er Bur­ger suc­cess­fully placed newly issued shares rais­ing gross pro­ceeds of CHF 80 mil­lion and EUR 145 mil­lion green guar­an­teed seni­or unse­cured con­vert­ible bonds. The bonds were issued by a Ger­man sub­si­di­ary and guar­an­teed by Mey­er Bur­ger Tech­no­logy. The con­vert­ible bonds are con­vert­ible into shares of Mey­er Bur­ger Tech­no­logy. The use of pro­ceeds of the green con­vert­ible bonds will be used in accord­ance with Mey­er Bur­ger­’s green fin­an­cing frame­work which is estab­lished in accord­ance with the ICMA Green Bond Principles.

Advestra acted as leg­al coun­sel to Gold­man Sachs, Jef­fer­ies and ZKB in a combined offering on the placement of Mey­er Bur­ger shares. The team included Annette Weber (pictured), Sandro Fehl­mann, Thomas Reut­ter, Annina Ham­mer and Anna Capaul (all cap­it­al mar­kets) and Markus Müh­le­mann (tax).

The bond’s settlement and payment date is expected to be on or about July 8, 2021. The bonds will not be listed or admitted to trading on the SIX Swiss Exchange or any other trading venue and no application has been made for listing or admission to trading. An application to list and trade the bond can be made at a later date.