Credit Suisse and UBS signed a merger agreement, with UBS emerging as the surviving entity. With the combined market capitalization is approximately USD 65 billion, the merger follows negotiations between the two Swiss banks, prompted by the Swiss Federal Department of Finance, the Swiss National Bank, and FINMA, who all requested the transaction to restore […]
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Legal advisors involved in the UBS-Credit Suisse merger: For UBS: Freshfields Bruckhaus Deringer (‘Freshfields’) is advising UBS Group as global transaction counsel. UBS counsel also include Bär & Karrer and Davis Polk. For Credit Suisse: Walder Wyss acts as Lead Counsel to Credit Suisse on the merger. Counsel also include Homburger, Cleary Gottlieb Steen & Hamilton and […]
Nestlé Holdings, Inc. recently wrapped up a noteworthy financial transaction with the assistance of Homburger, a trusted legal advisor. The deal involved the issuance of a total of USD 3 billion in notes through an institutional (Rule 144A) offering in the United States of America. On March 14, 2023, Nestlé Holdings, Inc. successfully completed the […]
Roche Finance Europe issued EUR 1.25 bn Bonds guaranteed by Roche Holding on February 27, 2023. The transaction consists of a EUR 750 m tranche due August 2029 and a EUR 500 m tranche due February 2035. Banco Santander, Barclays Bank and Deutsche Bank acted as joint lead managers. The bonds will be listed on […]
Noema Pharma, a clinical-stage biotech company targeting debilitating central nervous system disorders, successfully closed an oversubscribed Series B financing round, raising CHF 103 mio (approx. USD 112 mio). 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, […]
Santhera Pharmaceuticals Holding announced a private placement of shares and an amendment of its existing financing with funds managed by Highbridge Capital Management to provide up to CHF 22.2 million in aggregate, subject to certain milestones and conditions. Concomitant with this transaction, Santhera will form a strategy committee focusing on evaluating all strategic options for the company. In addition, Santhera […]
Canacol Energy has entered into a USD 200 million revolving credit and guaranty agreement with Citigroup Global Markets, Deutsche Bank and JPMorgan Chase Bank as joint lead arrangers and joint bookrunners. Canacol is a natural gas exploration and production company with operations focused in Colombia. TheCorporation’s common stock trades on the Toronto Stock Exchange, the OTCQX […]
ADC Therapeutics, a commercial-stage biotechnology company headquartered in Lausanne, announced the pricing of an underwritten offering of 12 m ADCT shares currently owned by A.T. Holdings II, an affiliate of Auven Therapeutics Holding, at a price of USD 5.00 per share. ADCT itself did not sell any shares in the offering. The Swiss company is […]
Credit Suisse, acting through its London branch, successfully completed its issuance of EUR 750 m aggregate principal amount of 5.550 per cent. senior notes due 2026. Credit Suisse issued the Notes through its London branch in two separate tranches: the first tranche of EUR 500 m was issued on February 20, 2023, and the second tranche of EUR 250 m was issued […]
The controlling shareholder of Reuge, the renowned music box producer, successfully completed the sale of a majority stake in the Reuge manufacture to the Swiss luxury watchmaker De Bethune. The independent watchmaker, known for its complications and bold designs with cobalt blue elements, has acquired a majority stake in the 155-year-old Swiss maker of music boxes […]
