Patrick Schärli and Ariel Ben Hattar

Lenz & Staehelin with GAM Holding on rights offering

Lenz & Staehelin acted as Swiss counsel for GAM Holding, a publicly listed company on the SIX Swiss Exchange. GAM projected a capital increase and rights offering was completed as planned.

Net proceeds from the operation amounted to approximately CHF 98.2 million. These funds will repay amounts outstanding under a loan facility granted by Rock Investments. Any residual will be used for general corporate purposes.

The team of Lenz & Staehelin

A team comprised of partner Patrick Schärli (right), partner Ariel Ben Hattar (left), associate Patrick Sattler, and associate Kaan Saritas (all Capital Markets).

paolo.cannazza@lcpublishinggroup.com

SHARE