Homburger advised Swarovski with regard to a EUR 500 m revolving credit facility
Swarovski International Holding and Crystalon Finanz acted as borrower under a Swiss law governed EUR 500 m revolving credit facility agreement with UBS Switzerland, Credit Suisse (Schweiz), UniCredit Bank Austria and HSBC Trinkaus & Burkhardt each as bookrunner and Mandated Lead Arrangers (BMLA), UBS Switzerland as agent as part of a syndicate of seven international banks acting as Original Lenders, including the BMLA as well as Industrial and Commercial Bank of China Limited, Beijing, Zurich Branch, and Zürcher Kantonalbank. The revolving credit facility agreement was signed on May 20, 2020.
The team
Homburger advised Swarovski International Holding and its subsidiary Crystalon Finanz (both borrowers under the facility) with regard to all legal aspects of the financing transaction. The team was led by partner Jürg Frick (banking and finance – pictured) and included partner Stefan Oesterhelt (tax) as well as associate Pierina Janett-Seiler (banking and finance).
