Homburger with ABZ on its issuance of CHF 120 m of Sustainability Bonds

Allgemeine Baugenossenschaft Zürich (ABZ), a non-profit housing cooperative, launched and priced its issuance of CHF 120 million total nominal amount of 0.25% Sustainability Bonds 2021-2031. The bonds have been offered in full compliance with the Financial Services Act. Zürcher Kantonalbank acted as sole lead manager.

Application will be made for the listing of the bonds on the SIX Swiss Exchange. Closing is expected on September 30, 2021.

Homburger advised the Allgemeine Baugenossenschaft Zürich (ABZ) with respect to aspects of Swiss law. The Homburger team was led by partner Benjamin Leisinger (pictured) and included counsel Eduard De Zordi (both capital markets).