NKF with bookrunners on Swiss Prime Site’s CHF 350 m bond issuance

Niederer Kraft Frey (NKF) advised BNP Paribas, Goldman Sachs International and UBS in connection with their role as joint bookrunners in Swiss Prime Site (SPS)’s issuance of green convertible bonds in the aggregate amount of CHF 350 million.

The bonds are convertible into registered shares of SPS and have been placed with investors in and outside Switzerland. SPS intends to use the proceeds to partly refinance its outstanding CHF 275 million convertible loan notes to ELM and to fund eligible green real estate investments as set forth in its Green Financing Framework.

the NKF team

Corporate and capital markets partner Philippe Weber (pictured) led the NKF team on the matter, working alongside associate Manuel Hirlinger and junior associate Matthias Schmid (both corporate/capital markets).