Walder Wyss advises JBF Finance & Bobst Group on credit facility

JBF Finance and Bobst Group signed a CHF 419,500,000 term loan and revolving credit facilities with UBS Switzerland and Credit Suisse (Switzerland) as original lenders and arrangers aimed at refinancing the bridge facilities granted to JBF Finance for the purpose of financing its public tender offer for Bobst Group (going private) and a revolving facility to provided Bobst Group with a general corporate and working capital credit line.

JBF Finance is the holding company of Bobst Group and belongs to members of the Bobst family. The Group is one of the world’s leading suppliers of substrate processing, printing and converting equipment and services for the label, flexible packaging, folding carton and corrugated board industries.

Walder Wyss advised JBF Finance and Bobst Group on this transaction. The team was led by partner Hubertus Hillerström (banking & finance, pictured), and further included Béatrice Viertl Bujard (counsel, banking & finance), Fouad Sayegh (partner, tax) and Emilia Rebetez  (managing associate, tax).