Aryzta’s EUR 500m multicurrency revolving credit facility agreement
Aryzta, a global food business based in Switzerland and listed on the SIX, has entered into an underwritten agreement with three banks for a new €500 million revolving credit facility. The facility which is expected to be utilised by early October 2021 is underwritten by Credit Suisse (Switzerland), Coöperatieve Rabobank and UBS and will replace the current €800m revolving credit facility that matures in September 2022.
The advisors
Baker McKenzie acted as legal counsel to the underwriters with regard to all the Swiss legal aspects of the financing transaction. The team was led by partners Lukas Glanzmann (banking & finance/restructuring & insolvency, pictured top left) and Samuel Marbacher (banking & finance/real estate, pictured top right) and comprised associate Charlotte Rüegg (banking & finance) and counsel Andrea Bolliger (tax).
Homburger advised Aryzta with regard to all Swiss legal aspects of the financing transaction. The Homburger team was led by partner Benedikt Maurenbrecher (financing and investment products, pictured left) and comprised counsel Eduard De Zordi and associate Stefan Bindschedler (both financing and investment products) as well as partner Stefan Oestertelt (tax).
