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 were issued under its Swiss Covered Bonds Programme and will be listed on the SIX Swiss Exchange. Homburger […]
Ares Management Corporation, a global alternative investment manager that invests across Credit, Private Equity and Real Estate, subscribed for CHF 50 million mandatory convertible bond issued by the real estate Peach Property Group. Headquartered in Zurich, Peach is a property investor and developer focused on investments in Germany and publicly listed on SIX Swiss Exchange. The mandatory convertible bonds will be issued […]
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 Traded Products Programme. The Terra Blockchain Network was renamed to Terra Classic in June, and 21Shares updated the name of […]
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 Kantonalbank. The net proceeds of the bond issuance will be used for the financing of the acquisition of the MBCC […]
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 newly issued shares, led by new minority investors. In this sense, Bär & Karrer has advised the […]
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 is expected to close in the course of the fourth quarter 2022. ABB E-mobility will use the proceeds to […]
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 per cent. Notes due November 2025. The bonds are digital only and issued on the blockchain-based […]
Meyer Burger Technology successfully completed a capital increase raising gross proceeds of approximately CHF 250 million. The transaction consisted of an offering of subscription rights and the subsequent placement of shares for which rights were not exercised. The proceeds from the offering shall be used in particular for the expansion of Meyer Burger’s production of solar cells and solar […]
Niederer Kraft Frey advised Hangzhou GreatStar Industrial on its offering of global depositary receipts (GDRs) and SIX Swiss Exchange listing under the China-Switzerland Stock Connect. Hangzhou GreatStar, whose A Shares are listed on Shenzhen Stock Exchange, sold 11,812,700 GDRs representing five A-Shares each at an offer price of USD 13.08, raising gross proceeds of approximately […]
Niederer Kraft Frey has advised the underwriting syndicate led by Goldman Sachs International and UBS on the offering of global depositary receipts (GDR) and SIX Swiss Exchange listing of Sunwoda Electronic under the China-Switzerland Stock Connect. Sunwoda, whose A Shares are listed on Shenzhen Stock Exchange, sold 28,759,000 GDRs representing five A Shares each at […]
