Homburger advises Raiffeisen on digital bail-in bond
Homburger has advised Raiffeisen Schweiz Genossenschaft on the placement of its first-ever digital bail-in bond on the Swiss capital market, a CHF 200 million instrument carrying a 1.44% coupon and maturing in 2033. The bond will be listed and traded on the SIX Swiss Exchange.
Deal details
The digital bail-in bond carries the same legal status and credit rating as a conventional bail-in bond issued by Raiffeisen Schweiz Genossenschaft, which also acted as lead manager for the transaction. The issuance marks the cooperative bank’s entry into the digital bond segment of the Swiss capital market.
The Homburger team
The Homburger team was led by partner Benjamin Leisinger (capital markets and financial market regulation) and included Sofiya Shavlak (capital markets) and Stefan Oesterhelt (tax).
