Schellenberg Wittmer advises ams on its issuance of convertible bonds
SIX-listed ams operating worldwide supplier of high performance sensor solutions, issued EUR 760 million 2.125% bonds due 2027 and convertible into ordinary shares of ams AG. The bonds have been admitted to trading on the Open Market of the Frankfurt Stock Exchange. HSBC, Morgan Stanley and UBS have acted as Joint Global Coordinators and Joint Bookrunners and Commerzbank, Crédit Agricole CIB, Deutsche Bank, and UniCredit have acted as Joint Bookrunners.
Schellenberg Wittmer acted as Swiss legal counsel to ams on this transaction. The team included Philippe Borens (pictured left), Shawn Richard Gregory (pictured right), Fabio Elsener (all Banking & Finance / Capital Markets), Lorenzo Olgiati and Pascal Hubli (both Corporate / M&A) and Michael Nordin and Roland Wild (both Taxation).