Homburger advised Credit Suisse Group on its issuance of GBP 750m bail-inable notes
On June 2 , 2020 Credit Suisse Group launched, and on June 9, 2020, completed, the issuance of GBP 750 m 2.250 per cent. fixed rate reset senior callable Notes due 2022 under its newly established Medium Term Note (MTN) Programme. The Notes are bail-inable bonds that are eligible to count towards Credit Suisse’s Swiss gone concern requirement. The offering of the Notes was done in reliance on Regulation S under the U.S. Securities Act. The Notes have been provisionally admitted to trading, and application has been made for admission and listing of the Notes, on the SIX Swiss Exchange.
