Advestra advises Goldman Sachs & UBS on 200m convertible bonds
DocMorris (former Zur Rose Group) successfully placed CHF 200 million senior unsecured guaranteed convertible bonds due 2029. The bonds were issued by a Dutch subsidiary and guaranteed by DocMorris AG. The convertible bonds are convertible into shares of DocMorris AG. The proceeds of the convertible bonds will primarily be used to refinance the outstanding CHF 122 million convertible bonds due 2025. For this purpose, DocMorris announced a public repurchase offer for the existing convertible bonds.
Advestra acted as legal counsel to Goldman Sachs and UBS. The team included Sandro Fehlmann (pictured), Thomas Reutter, Valérie Bayard, Sandro Bojic, Göktuğ Gürbüz and Milan Schéda (all Capital Markets).