Idorsia completes capital increase: all the advisors

Idorsia completed a capital increase by way of an at-market rights offering. The offer price was set at CHF 22.50 per share and the capital increase resulted in gross proceeds of approximately CHF 535.5 Million. Idorsia intends to use the net proceeds of approximately CHF 520 Million to support the regulatory filing and, if approved, commercial launch of daridorexant and to fund the further development of its diversified pipeline. Credit Suisse, J.P. Morgan and BofA Securities acted as Joint Bookrunners in connection with the rights offering.

The advisors

Niederer Kraft Frey acted as counsel to Idorsia. The team was led by partner Philipp Haas (pictured right), working with senior associates Deirdre Ní Annracháin and Andrea Giger, associate Shu Bernet-Zhang, and junior associates Sven Pinter and Stephanie Huchler (all Corporate and Capital Markets).

 

Bär & Karrer acted as legal advisor to the Joint Bookrunners in this transaction. The team included Thomas U. Reutter (pictured left), Alexander von Jeinsen, Rebecca Schori and Sandro Fehlmann (all Capital Markets) as well as Susanne Schreiber and Kerim Tbaishat (both Tax).

Idorsia completes capital increase: all the advisors

FabioAdmin

Legalcommunity.ch

Launched in 2020 by LC Publishing Group, it is the first digital portal addressed to the Swiss legal market.
In terms of contents, the website focuses on both law firms and in-house legal departments, covering the latest news and rumors on deals and operations (and the related advisors) as well as on lateral hires, moves and new appointments and providing insights, analytical data and opinions on the professions’ main trends and topics (Ai, innovation, etc.).

For further information, please visit the Group’s website www.lcpublishinggroup.com

LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961
REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram