Baker McKenzie advised UBS on a transnational digital securities issuance using the distributed ledger technology (DLT). The USD 50 million fixed rate digital securities were placed in Singapore and Hong Kong and issued and settled on 15 December 2022. The transaction is an issue of uncertificated securities on chain which are constituted under English and […]
The Swiss financial industry has successfully traded and settled tokenized investment products. For the first time, key players in the Swiss financial industry successfully developed and tested a novel settlement mechanism for tokenized investment products
Credit Suisse Switzerland issued an aggregate of EUR 750 million of covered bonds. The new series, EUR 750 m Fixed-Rate Covered Bonds due 2026, has been Credit Suisse Switzerland’s inaugural EUR covered bonds issuance. The covered bonds
Ares Management Corporation, a global alternative investment manager that invests across Credit, Private Equity and Real Estate, subscribed for CHF 50 million man
The issuer of cryptocurrency exchange traded products 21Shares has launched a first-of-its-kind public cash tender offer for all outstanding exchange traded products of the series 21Shares Terra Classic ETP issued by 21Shares under its Exchange
Sika issued bonds in a total amount of CHF 600 million, consisting of three tranches and listed on SIX Swiss Exchange. The bonds were placed under the lead management of UBS, Credit Suisse, and Zürcher
As we have informed last 22 November 2022 about the deal here, ABB E-mobility, a global leader in electric vehicle (EV) charging solutions, announced that it has signed a pre-IPO private placement of approximately CHF 200 million for
ABB E-mobility, a global leader in electric vehicle (EV) charging solutions, announced that it has signed a pre-IPO private placement of approximately CHF 200 million for newly issued shares, led by new minority investors. The transaction
As we have informed last 8 November 2022 here, UBS has launched its CHF 375 million senior unsecured digital bond. UBS, acting through its London branch, successfully completed its inaugural issuance of digital bonds, consisting of CHF 375 m 2.330
Meyer Burger Technology successfully completed a capital increase raising gross proceeds of approximately CHF 250 million. The transaction consisted
