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Lenz & Staehelin advises On with CHF 700m syndicated facility

On Holding, the fast-growing global performance sportswear brand, has entered into an inaugural CHF 700 million syndicated facility agreement with an international syndicate of banks. Founded in 2010, On Holding is a Swiss-based company operating in the sports accessories sector. The company offers sports footwear and sports apparel and is dedicated to developing and distributing high-performance sports products through independent retailers and global distributors.

Lenz & Staehelin has acted as lead counsel to On.

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