Citadele banka has entered into a binding agreement with Trusted Novus Bank Limited regarding the sale of its Swiss subsidiary Kaleido Privatbank. The closing of the transaction is subject to regulatory approvals and is expected in the second half of 2022. Lenz & Staehelin is advising Citadele banka and Kaleido Privatbank on this transaction. The […]
Homburger acted as counsel to Citi, in its capacity as Coordinator and Bookrunning Mandated Lead Arranger in connection with a Swiss law governed revolving credit facility agreement establishing a CHF 600 million multicurrency revolving credit facility
Revival Healthcare Capital and Distalmotion, an international medical device company based in Lausanne, announced on 26 January 2022 the closing of a USD 90 million Series E financing of Distalmotion led by Revival Healthcare Capital, with participation from
Liechtensteinische Landesbank (LLB) intends to increase the shareholding in its subsidiary Bank Linth LLB (Bank Linth) to 100%. For this purpose, LLB has published on 27 January 2022 the pre-announcement for a public takeover offer to acquire the
Niederer Kraft Frey advised Axpo Holding on the placement of a CHF 500 million bond. The bond is issued in two tranches and is the first sustainability-linked bond placed by a Swiss utility provider. Tranche A
Allwyn Entertainment, a leading multinational lottery operator, announced its intention to become a publicly listed company listed on the New York Stock Exchange (NYSE) in partnership with NYSE-listed Cohn Robbins Holdings Corp., resulting in an
Citadele banka announced today that it has entered into a binding agreement with Trusted Novus Bank Limited regarding the sale of its Swiss subsidiary Kaleido Privatbank. The closing of the transaction is subject to regulatory
Walder Wyss and Heussen Rechtsanwaltsgesellschaft, Munich, represented client Terra Quantum AG, a Swiss based quantum technology startup company, in its USD 60 million series A financing round. A consortium of certain new and existing investors participated
SEBA Bank (“SEBA”) successfully completes its Series C funding round, raising CHF 110 million through the issuance of participation certificates (non-voting shares). The financing round was co-led by a consortium of specialized blockchain and fintech investors,
On January 11, 2022, UBS Group successfully completed its issuance of USD 1.5 bn in aggregate principal amount of Fixed Rate/Fixed Rate Senior Notes due February 2033 and USD 1.5 bn in aggregate principal amount of Fixed Rate/Fixed
