Swiss Life places EUR 600 million Senior Green Bond. The advisors
Swiss Life successfully placed a EUR 600 million senior green bond on 8 September 2021, with maturity in 2031 and a 0.5% coupon. The bond was placed with investors in the European market.
The proceeds will be used in line with Swiss Life’s Green Bond Framework 2021, which is focused on real estate, including future re-financing of outstanding senior green bonds. The bond is guaranteed by Swiss Life Holding.
J.P. Morgan, UBS Investment Bank, BofA Securities, Citigroup and Deutsche Bank acted as Joint-Lead Managers. J.P. Morgan also acted as Green Structuring Agent to the issuer.
The advisors
Walder Wyss acted as legal counsel to Swiss Life on this transaction. The team was led by Markus Pfenninger (partner, transactions, pictured top right) and Ramona Wyss (partner, transactions, pictured top left) and included Marcus Winzap (partner, tax), Fabienne Limacher (partner, tax) and Christian A. Schmid (associate, transactions).
Homburger advised the Joint-Lead Managers with respect to all aspects of Swiss law. The Homburger team was led by partner René Bösch (capital markets, pictured left) and included partners Benjamin Leisinger (capital markets) and Dieter Grünblatt (tax) as well as associate Andrea Ziswiler (capital markets).
