Cemex, a global supplier of high-quality building materials and products, has successfully closed a new USD 3.25 billion syndicated credit agreement with an ESG component and used the proceeds to fully repay its previous facilities agreement. The transaction closed November 8, 2021. The new credit agreement consists of USD 1.5 billion, five-year amortizing term loan and a USD 1.75 billion, five-year committed […]
The European Investment Bank (EIB) has signed a EUR 15 million quasi-equity financing agreement with Xeltis, a Swiss-Dutch medtech firm developing medical devices enabling cardiovascular restoration. The EIB’s non-dilutive financing will support the acceleration of
Swiss Prime Site completed a refinancing with 11 Swiss banking institutions and two unsecured credit facilities agreements with a total amount of CHF 2.6 billion,
Baker McKenzie advised UBS Switzerland as sole Swiss legal counsel on the switch from LIBOR to risk-free rates in their Swiss-law-governed syndicated credit facility agreements with UBS Switzerland acting as agent. Given UBS Switzerland’
Bernasconi Martinelli Alippi & Partners assisted Banca Akros (in the role of arranger) and Banco BPM (in the roles of senior investor, account bank and sponsor) in the structuring of a securitization transaction involving trade
Swiss imaging software developer Medimaps Group has raised CHF 18.55 million in its Series C financing. The round was led by Swisscanto Invest by Zürcher Kantonalbank. Swisscanto Invest invests on behalf of its clients in
Sevensens Robotics has raised its Series A investment of USD 7.7 million, led by ABB Technology Ventures, which is expected to close by the end of November 2021. Sevensense Ronotics is a Swiss-based start-up founded
Carify, a Switzerland based car subscription platform, has successfully completed its equity financing round. Investors in Carify include Zurich Insurance, Toni Piëch as well as ACE & Company. The financing will enable the finalist
Homburger advises Verified, a Swiss based FinTech company establishing a decentralized, blockchain powered financial services platform for issuing and investing in tokenized assets, on the Swiss regulatory qualification as well as the Swiss regulatory aspect
Cembra Money Bank successfully placed CHF 200 million 0.4175% senior unsecured bonds due 2028. Zürcher Kantonalbank, Credit Suisse and Deutsche Bank acted as Joint Lead Managers