Advestra advises Goldman Sachs, UBS and BofA Securities on Zur Rose Group bond offering

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).