Signed Sealed Weekend – week ending Thursday April 17
Welcome to Signed Sealed Weekend, our inside track into the Swiss legal scene. This week we anticipate our recap to Thursday, as we’re approaching the Easter weekend and we start-off with our banking & finance highlights of the week:
Niederer Kraft Frey (NKF) advised Zürcher Kantonalbank and UBS Switzerland in connection with their role as mandated lead arrangers on a CHF 90 million syndicated credit financing for Austrian Train Finance II.
The financing in question ensures the production and delivery of three high-speed Smile trains to a private Austrian railway operator.
The second banking & finance highlight of the week is the one of Schellenberg Wittmer advising Geneva-based Vigama Capital on its license as manager of collective assets.
Finally, for our deals & transactions highlight of the week, we got Kellerhals Carrard advising the selling part and Loyens & Loeff representing the buyer, on the operation resulting in the sale of all the shares in Senn Chemicals to Granules India.
Headquartered in Dielsdorf, Zurich, Senn Chemicals specialises in the production of chemical products, with a particular focus on peptides and amino acids.
That’s all for this week, have a great Easter weekend and see you next Friday!