As we informed last 5th September here, Zur Rose Group has successfully placed newly issued shares raising gross proceeds of approximately CHF 44 million and CHF 95 million guaranteed senior unsecured convertible bonds. The bonds were allocated to investors in a bookbuilding, subject to claw-back by existing shareholders who were granted the right to exercise their advance subscription rights. The convertible bonds were issued by a subsidiary of Zur Rose Group and are convertible into shares of Zur Rose Group, which guarantees the bonds.
Advestra has acted as legal counsel to Goldman Sachs, UBS and BofA Securities. The team included Annette Weber (partner, pictured), partner Thomas Reutter, Alexander Fisch, Fabian Wild and Levy Corba (all capital markets) as well as Céline Martin (tax).