Swiss Life Holding successfully placed three tranches of senior bonds totalling CHF 600 million on 11 January 2023, comprising a tranche of CHF 200 million with maturity in 2026 and a 2.04% coupon, a tranche of CHF 200 million with maturity in 2028 and a 2.2588% coupon and a tranche of CHF 200 million with […]
Tags : Markus Pfenninger
Livit, a leading Swiss real estate management company belonging to the Swiss Life Group, has sold its subsidiary Livit FM Services to ISS Switzerland. All 670 employees of Livit FM Services will be taken over by ISS Switzerland as part of the transaction. Livit FM Services, which manages a majority of Swiss Life’s properties in […]
Walder Wyss has advised Swiss Life and Swiss Life Holding on its new CHF 500 million syndicated revolving credit facility with UBS Switzerland as agent, coordinator, mandated lead arranger and lender and Credit Suisse Switzerland, Deutsche Bank Luxembourg, NATIXIS and Zürcher Kantonalbank as mandated lead arrangers and lenders. Walder Wyss has acted as counsel to […]
Cembra Money Bank, a renowed Swiss provider of financing solutions and services, has announced that it has agreed to acquire a 100% stake in Byjuno and its sister company, Intrum Finance Services, from Intrum for a purchase price of CHF 60 million. This acquisition is further step in expanding its embedded finance product suite and […]
Swiss Life has successfully placed a senior bond in the amount of EUR 700 million maturing in 2029 with a coupon of 3.25% last 23th August 2022. The bond was placed with investors in the European market. The funds will be used for general corporate purposes, including future refinancing of outstanding instruments. The bond is […]
Helvetia has successfully placed two senior bonds tranches totalling CHF 400 million on the Swiss capital market. The insurance group has placed a CHF 250 million senior bond tranche with maturity in 2026 and a 1.45% coupon and a CHF 150 million senior bond tranche with maturity in 2029 and a 1.95% coupon. The proceeds […]
DDM Group has acquired Swiss Bankers Prepaid Services, the Swiss market leader for prepaid cards. DDM Group, headquartered in Zug, Switzerland, operates as an active investor and partner for financial institutions in Europe including acquisitions of assets and companies previously held by banks, such as is the case with Swiss Bankers Prepaid Services. With its […]
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 […]
Walder Wyss acted as legal counsel to Swiss Life on the placement of CHF 250 million perpetual subordinated bond, first callable in September 2026 and a CHF 250 million dated subordinated bond with final maturity in 2041, and with a first optional redemption date in September 2031. Both batches are guaranteed by Swiss Life Holding Ltd. Walder Wyss’ team was […]
The team was led by Lukas Wyss (Partner, Banking & Finance - pictured) and Markus Pfenninger (Partner, Banking & Finance) and comprised Rafal Szala
