On June 8, 2023, Zürcher Kantonalbank has successfully completed its inaugural EUR Bail-in Bond issuance in the amount of EUR 500 million. ZKB’s Bail-in Bonds are novel instruments which have been designed and issued on the
Chantal Lutz, lawyer at Domenig & Partner Rechtsanwälte, has been elected to the Board of Directors at the general meeting of Bank WIR. Lutz is a senior associate at the Bern law firm, working
In the pilot case of a PostFinance customer against PostFinance, the question is whether the customer must accept a negative balance on his account that arose due to a software error with the payment processor
SSP Group, a renowned operator of food and beverage outlets in travel locations worldwide, has announced that it has acquired rights to develop the Pret A Manger (“PRET”) franchise in German-speaking Switzerland. As part of
Swiss Prime Site has issued convertible loan notes in the aggregate amount of CHF 275 million to ELM, a repackaging vehicle. ELM in turn issued exchangeable notes, which were placed
Union Bancaire Privée (UBP) has acquired all the shares of Angel Japan Asset Management from its founder, Hirotaka Usami. Founded in Tokyo in 2001, Angel Japan is a Tokyo-based independent investment advisor specialised in the
Niederer Kraft Frey advised Gasverbund Mittelland, the renowned procurement and grid company of natural and biogas to the Plateau and Northwestern regions in Switzerland, on the raising of a EUR 250 million syndicated credit facility focused
MLL Legal advised ZenOwn on insurance regulatory aspects concerning its soon to be launched application that will make it much easier and 12 times faster to buy insurance coverage for certain products. The Zug-based ZenOwn is
The Farner group, a portfolio company of Waterland Private Equity, partnered with GFD Gesellschaft für Finanzkommunikation to expand its agency alliance “Team Farner“. Founded in Frankfurt in 1995, GFD is a financial communications consultancy specializing
As we have informed here, US private equity investor Battery Ventures has acquired Swiss-based SaaS startup Avrios International. Avrios offers a cloud-based fleet management platform, used by more than a thousand customers with around 120,000 vehicles.
